The S&P 500 fell 0.1% on Wednesday, Nov. 29, 2023, giving back early gains as enthusiasm around earnings, economic growth, and Fed policy faded in the last hour.  ( 1 min )

U.S. equities were up for a second-straight session at midday on Wednesday, Nov. 29, 2023, boosted by strong earnings reports.  ( 1 min )

Stock futures jumped in early trading Wednesday as data showed the U.S. economy grew more than expected in the third quarter amid a flurry of consumer spending and business inventory investment.  ( 1 min )

Okta shares fell after it reported hackers stole information on users of its customer support system and Apple is reportedly looking to end its credit and savings account partnership with Goldman Sachs. Here’s what investors need to know today.  ( 1 min )

Het aantal Nederlanders dat een bijstandsuitkering ontvangt, is voor het eerst in meer dan twee jaar gegroeid. Dat komt vooral doordat het aantal jongeren dat een uitkering ontvangt steeds groter wordt.  ( 8 min )

ASR trekt honderden miljoenen euro's uit voor het vergoeden van klanten met een woekerpolis. Daarover heeft de verzekeraar een overeenkomst gesloten met verschillende claimorganisaties.  ( 8 min )

De gasprijs op handelsmarkten is vandaag gedaald naar 40,25 euro per megawattuur. Sinds januari 2022, vlak voor de oorlog in Oekraïne, was de gasprijs niet zo laag. Pijnlijk is wel dat gas voor huishoudens juist duurder wordt.  ( 10 min )

Net als elders in Europa daalt de inflatie in Duitsland gestaag. Consumentenprijzen lagen in november nog 3,2 procent hoger dan in dezelfde maand vorig jaar. In oktober was dat nog 3,8 procent. Dat komt vooral door dalende energieprijzen.  ( 9 min )

Eneco gaat naast het volledig dynamische energiecontract met wisselende energieprijzen nu ook een mengvorm aanbieden. Daarbij kan de stroomprijs per uur verschillen, maar staat de gasprijs het hele jaar vast. De energieleverancier wil klanten zo meer zekerheid bieden.  ( 9 min )

De rechtbank van Rotterdam heeft dinsdag groen licht gegeven voor de geplande veiling van radiofrequenties voor 5G-netwerken. Verschillende partijen waren naar de rechter gestapt omdat ze het niet eens waren met de veilingplannen.  ( 10 min )

Eneco gaat naast het volledig dynamische energiecontract met wisselende energieprijzen nu ook een mengvorm aanbieden. Daarbij kan de stroomprijs per uur verschillen, maar staat de gasprijs het hele jaar vast. De energieleverancier wil klanten zo meer zekerheid bieden.  ( 4 min )

Asielzoekers mogen met onmiddellijke ingang het hele jaar door werken. De Raad van State deed woensdag uitspraak over de zogeheten '24 wekeneis', die asielzoekers beperkt op de arbeidsmarkt. Het demissionaire kabinet past de regels gelijk aan.  ( 9 min )

Asielzoekers mogen inderdaad langer werken dan de 24 weken die Nederland nu toestaat. De zogeheten '24 wekeneis' dwarsboomt de toegang tot de arbeidsmarkt, oordeelt de Raad van State woensdag.  ( 10 min )

Asielzoekers mogen inderdaad langer werken dan de 24 weken die Nederland nu toestaat. De zogeheten '24 wekeneis' dwarsboomt de toegang tot de arbeidsmarkt, oordeelt de Raad van State woensdag.  ( 9 min )

De Amerikaanse toezichthouder FDA waarschuwt opnieuw voor problemen met slaapapneuapparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen.  ( 9 min )

De waarde van een aandeel Philips is woensdagochtend hard omlaaggegaan. Beleggers schrikken van de nieuwe waarschuwing over zijn slaapapneuapparaten die het bedrijf kreeg van de Amerikaanse toezichthouder. Om 10.00 uur was de aandelenkoers van Philips ruim 6 procent gedaald.  ( 9 min )

De Amerikaanse toezichthouder FDA waarschuwt opnieuw voor problemen met slaapapneuapparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen.  ( 9 min )

Opnieuw waarschuwt de Amerikaanse toezichthouder FDA voor problemen met slaapapneu-apparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen omdat isolatieschuim kon loslaten.  ( 9 min )

Viaplay heeft voor de tweede keer de publicatie van zijn kwartaalcijfers op het laatste moment uitgesteld. De Zweedse streamingdienst zou zijn resultaten woensdag publiceren, maar komt pas donderdagavond met de cijfers, na het sluiten van de beurs in Stockholm.  ( 9 min )

Charlie Munger, de vicevoorzitter van beleggingsbedrijf Berkshire Hathaway, is op 99-jarige leeftijd overleden. De Amerikaan werd bekend als de rechterhand van Warren Buffett, die als oprichter van Berkshire Hathaway de reputatie van superbelegger kreeg.  ( 9 min )

De Amerikaanse vicepresident Kamala Harris gaat in plaats van president Joe Biden naar de klimaattop in Dubai. Die begint donderdag. Eerder werd al bekend dat Biden niet zou gaan, maar de reden is onbekend.  ( 8 min )

Een architect van het plan om klimaatvriendelijk staal te maken bij Tata Steel wordt "steeds pessimistischer" over de toekomst van het bedrijf. De bouw van nieuwe fabrieken laat op zich wachten terwijl er twijfels zijn over de winstgevendheid van een groene staalfabriek, vertelt hij in de NU.nl-podcast Tata's ijzeren greep.  ( 12 min )

Mark Cuban, who is selling his majority stake in the Mavericks, made billions of dollars with a series of business ventures, owning an NBA team, and investing in dozens of startups.  ( 21 min )

If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 26 min )

With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 21 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 24 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 23 min )

Block time, in the context of cryptocurrency, is the average amount of time it takes for a new block to be added to a blockchain.  ( 23 min )

Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 21 min )

There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 27 min )

The S&P 500 fell 0.1% on Wednesday, Nov. 29, 2023, giving back early gains as enthusiasm around earnings, economic growth, and Fed policy faded in the last hour.  ( 17 min )

Las Vegas Sands said its largest shareholder, Miriam Adelson and her family, would be selling $2 billion in stock so Adelson could buy the Dallas Mavericks.  ( 18 min )

Customers are flocking to Salesforce's cloud-based offerings in anticipation of AI developments still to come.  ( 18 min )

Hormel Foods missed earnings and revenue estimates on falling demand and softness in the China market, and shares of the packaged food firm declined.  ( 17 min )

A tenancy-at-will is an open-ended property tenure that has no written lease or agreement and can be terminated at any time by either the landlord or tenant.  ( 25 min )

Shares of Cigna and Humana dropped in intraday trading Wednesday after a report that the large health insurance companies were exploring a merger.  ( 17 min )

A tax haven is a country that offers foreigners very low tax liability in a politically and economically stable environment.  ( 26 min )

Cyclical stocks are stocks with prices that are affected by macroeconomic or systematic changes in the overall economy. They rise and fall with the economy.  ( 25 min )

Understanding the Initial Coin Offerings model for startups and crypto projects as a Financial Advisor their regulation, and associated risks.  ( 29 min )

If you are interested in investing in cryptocurrency, then you need to know how to get started. Learn about the risks and potential upside.  ( 24 min )

SoFi Technologies will shut down its crypto services by Dec. 19. Existing accounts will have the choice to migrate to the Blockchain.com platform or be closed and liquidated at that time, with a few caveats.  ( 18 min )

This article explores the Federal Reserve System's 110-year journey, from its establishment on December 23, 1913, to its critical role in the U.S. economy.  ( 29 min )

Many state and local governments tax tangible personal property, such as cars and boats, in addition to real property, such as homes and land.  ( 25 min )

An altcoin is a cryptocurrency or token that is not Bitcoin (BTC). Etherum (ETH) is an altcoin. Learn about altcoins and what makes them different.  ( 28 min )

Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.  ( 26 min )

CrowdStrike Holdings exceeded earnings and revenue estimates and raised its full-year guidance as subscription revenue jumped.  ( 17 min )

U.S. equities were up for a second-straight session at midday on Wednesday, Nov. 29, 2023, boosted by strong earnings reports.  ( 17 min )

Rates on 30-year mortgages fell Tuesday, lowering the average to just a basis point above its recent 2-month low. Rates on most other loan types were down as well.  ( 19 min )

Workday shares surged after beating profit and sales estimates and raised its guidance as demand for its finance and HR software products rose.  ( 17 min )

The TCJA made some radical changes to the taxes you'll file from 2018 through 2025. Everything from deductions and credits to rates and investments have been affected.  ( 37 min )

The economy grew even faster in the third quarter than the supercharged pace that officials first estimated last month.  ( 18 min )

A Section 1256 contract is a type of investment defined by the IRC as a regulated futures contract, foreign currency contract, non-equity option, dealer equity option, or dealer securities futures contract.  ( 24 min )

A progressive tax imposes successively higher rates on taxpayers who have higher incomes. The U.S. has a progressive tax system.  ( 26 min )

Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.  ( 25 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 19 min )

Hong Kong is part of mainland China but has a capitalist economic system and is allowed its own financial, economic, legal, and judicial independence.  ( 30 min )

Many people think they may actually make less overall because they are paying more taxes.  ( 25 min )

IRS Form W-2G is a document sent to gamblers to report their winnings and the amount that was withheld for taxes at the time of the payout.  ( 29 min )

For taxpayers wondering what is a 1099 form, there are 10 critical things you need to know about 1099s and how they impact how much tax you owe.  ( 34 min )

Okta shares fell after it reported hackers stole information on users of its customer support system and Apple is reportedly looking to end its credit and savings account partnership with Goldman Sachs. Here’s what investors need to know today.  ( 19 min )

As of U.S. taxpayers use Form 1040; Forms 1040EZ and 1040A have been discontinued.  ( 23 min )

The convergence of accounting standards is changing the attitudes of CPAs and CFOs toward harmonization of international accounting.  ( 29 min )

Due to their ease of use, low fees and diversification benefits, ETFs have exploded in popularity. We look at six common types of funds.  ( 24 min )

While Salesforce continues to grapple with softness in parts of the economy, the company is seeing signs of improving customer sentiment.  ( 24 min )

The strong quarter is likely to be seen as a sign of strength for the cloud computing market.  ( 21 min )

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Shares of Salesforce rose in after-hours trading after the business-software company reported quarterly earnings per share ahead of Wall Street's projections. Salesforce stock was recently up more than 6%, after rising 2.4% in the regular session. The shares were up 74% in 2023 through Wednesday's  ( 24 min )

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Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 47 min )

SoFi Technologies will shut down its crypto services by Dec. 19. Existing accounts will have the choice to migrate to the Blockchain.com platform or be closed and liquidated at that time, with a few caveats.  ( 20 min )

Online luxury retailer tells investors past forecasts ‘should no longer be relied upon’  ( 4 min )

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% stake in the company. The Berkshire claim in a counter lawsuit filed this week comes after the Haslam family — which includes Cleveland Browns owner Jimmy Haslam and former Tennessee governor Bill Haslam — accused Berkshire of trying to understate Pilot’s earnings this year by changing its accounting practices.  ( 36 min )

Any combination would likely encounter tough antitrust scrutiny  ( 4 min )

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The Wall Street Journal says the two healthcare providers are talking about a stock-and-cash deal that could be finalized by the end of the year.  ( 23 min )

(Bloomberg) -- Cigna Group and Humana Inc. are in talks to merge in a cash and stock deal that would create another dominant force in the health-insurance industry, according to the Wall Street Journal.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Saudi Arabia Offers Iran Investment to Limit Israel-Hamas WarBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterMusk’s Cybertruck Is Already a Production Nightmare for TeslaOkta Says Hackers Sto  ( 34 min )

GameStop stock is skyrocketing a week before the company is scheduled to report earnings.  ( 35 min )

GM chair and CEO Mary Barra talks with Yahoo Finance about the road ahead after the UAW contract deal.  ( 35 min )

Shares of Cigna dropped, and Humana's turned lower, after the Journal reported that the health-insurance companies are in talks to merge. Cigna's shares were recently off some 4%, while Humana's also retreat  ( 22 min )

Charlie Munger, a name synonymous with investment brilliance and a cornerstone in building one of the greatest fortunes in U.S. history, died Tuesday at age 99. While he may not have been a household name like his legendary partner Warren Buffett, Munger was a legend in the investment world in his own right. His approach to success was rooted in deceptively simple principles: taking simple ideas seriously, loading up on the few insights you have and maintaining a long-term investment view. This  ( 37 min )

Rates on 30-year mortgages fell Tuesday, lowering the average to just a basis point above its recent 2-month low. Rates on most other loan types were down as well.  ( 21 min )

A cash-and-stock deal between the health-insurance giants could be struck by year-end.  ( 29 min )

Tesla has an event planned for Thursday. It's speeding into GM and Ford territory.  ( 25 min )

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Another prediction for a drop in home prices came today. Here are the metro areas that will see the biggest declines, Realtor.com says.  ( 29 min )

Ryan Reynolds isn’t just a superstar actor; he’s also an investor who’s turned his savvy into hundreds of millions of dollars. But here’s a twist: He dropped out of college after just 45 minutes. That’s right, the same guy who played a pivotal role in transforming Mint Mobile into a telecom titan spent less than an hour as a college student. Despite leaving Kwantlen Polytechnic University in British Columbia within less than an hour of enrolling, Reynolds’ decision did not impede his progress. H  ( 35 min )

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René Benko’s Signa filed for insolvency, marking one of the most dramatic falls in the property sector in recent years.  ( 28 min )

GameStop shares jumped 14% Wednesday morning, putting them on pace for their largest daily percentage increase since March. The move extends another pop yesterday, bringing their two-day advance to around 30%. The shares have been boosted in part by traders positioning for gains in the options mar  ( 23 min )

GameStop (GME): The shares soared 15%. Bullish GameStop call options in particular are seeing renewed volume, according to Cboe Global Markets data, as traders look ahead to the videogame retailer's quarterly results next week. [**General Motors (GM  ( 24 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 18 min )

Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f  ( 35 min )

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In a recent episode of "The Rich Dad Radio Show," financial educator and author Robert Kiyosaki expressed grave concerns about the United States’ financial health. "America is now bankrupt," he said. "And the question I want to answer today is how [come] America, at one time reportedly the richest country in the world, is now bankrupt?" While the U.S. hasn’t legally declared bankruptcy, Kiyosaki's point underscores the nation’s worsening debt crisis. As of Nov. 24, the U.S. national debt had rea  ( 34 min )

(Bloomberg) -- Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push for two board seats.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaBill Ackman Bets Fed Will Cut Interest Rates as Soon as First QuarterHamas Releases 12 Hostages Despite Claims of Truce ViolationsIndia to Add $5 Billion Aircraft Carrier to Fleet to Counter ChinaElliott sent  ( 34 min )

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Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 35 min )

Dovish comments by Federal Reserve officials fueled optimism that a shift to cutting interest rates is coming.  ( 35 min )

Michael Howells, president of the Workforce Skills division at Pearson, said GenZ are prepared for changes their senior counterparts may not be.  ( 34 min )

(Bloomberg) -- General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in an attempt to spark interest among investors in a stock that has slumped this year as the company’s technology investments falter.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed Will Cut Interest Rates  ( 36 min )

Enbridge on Wednesday forecast higher core earnings and raised its dividend for 2024 as the Canadian pipeline operator bets on higher demand to lift volumes transported across its network. Enbridge said it expects C$9.3 billion in core profit from its liquids pipelines business, the company's main unit, helped by strong system utilization. The upbeat forecast from Enbridge, which operates the Mainline oil pipeline system that ships the bulk of Canada's crude exports to the U.S., follows peer TC Energy estimating higher adjusted core earnings for 2024 on Tuesday.  ( 34 min )

The head of Dubai's Emirates has urged Rolls-Royce to go "back to basics" and focus on the performance of its engines, a day after the British firm laid out plans to quadruple profits. Shares in the British engineering firm rose after CEO Tufan Erginbilgic unveiled a strategy on Tuesday to revive the engine maker's fortunes including a sharp increase in profit margins and "value-driven pricing," suggesting higher servicing bills. But Emirates Airline President Tim Clark, who criticised Rolls over engine pricing and the performance of its largest engine at this month's Dubai Airshow, appeared unswayed by the plans which rely heavily on higher engine profit margins.  ( 35 min )

Zepbound is expected to be available in the U.S. by the end of the year.  ( 35 min )

My wife and I are both 56. We have around $1.2 million saved – approximately $450,000 in company 401(k)s, $650,000 in a managed account, and approximately $70,000 in personal stocks. We also have approximately $22,000 in savings. Our home is worth $700,000 or more and we owe $197,000 with a 3.875% interest rate. Our advisor […] The post Ask an Advisor: We’re 56 With $1.2 Million in Investments and Savings. Can We Afford to Withdraw $60k-$80k Per Year in Retirement? appeared first on SmartReads b  ( 36 min )

Paying a 1% annual fee to a financial advisor for managing a $2 million investment portfolio is pretty typical, but that doesn’t necessarily mean it’s the right amount for every investor. Even small-sounding financial advisor fees can seriously erode long-term returns when compounded over years or decades. A 1% annual fee on a $2 million […] The post I Have $2 Million Invested With My Financial Advisor and Pay a 1% Fee. Am I Paying Too Much? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Charlie Munger dies at 99, Apple moves to end Goldman Sachs card partnership, Amazon and Nvidia expand AI offerings, and other news to start your day.  ( 42 min )

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The videogame retailer's shares were last at $15.12, the third most actively traded stock on the New York Stock Exchange at 5:50 a.m. ET. On Tuesday, GameStop shares had their biggest one-day percentage gain in eight months on no clear news catalyst. AMC Entertainment, another favorite among retail traders, rose nearly 4% to $6.95.  ( 34 min )

Wall Street indexes ended marginally higher on Tuesday after some positive commentary from the Fed, while upbeat consumer data provided some lift. Fed Governor Christopher Waller, deemed a hawk, on Tuesday hinted at lower interest rates in the months ahead if inflation continued to ease, while Chicago Fed President Austan Goolsbee voiced concerns about keeping interest rates "too high for too long."  ( 35 min )

Traders are piling into call options on GameStop stock implying the shares will stage a big rally after quarterly results.  ( 20 min )

Alibaba stock has been suffering after it abandoned its cloud spinoff plans. Plaudits for the performance of Chinese e-commerce rival PDD are adding more pressure for change.  ( 22 min )

Leaders of big American companies react to the passing of Berkshire Hathaway's Charlie Munger.  ( 36 min )

Alibaba is on the brink of losing its crown as China’s most valuable e-commerce company. PDD Holdings, the parent company of hugely popular online retailer Temu, is now worth $185 billion. The company [reported bumper earnings this week](https://www.wsj.com/livecoverage/stock-market-today-dow-jones  ( 23 min )

Richemont said it had no financial obligations toward the luxury fashion e-commerce company Farfetch and didn’t plan to lend to or invest in it, but confirmed it was monitoring the situation, including reviewing its options.  ( 25 min )

Charlie Munger of Berkshire Hathaway told CNBC just weeks ago that he would no longer bother with the bucket list item even if given the opportunity.  ( 35 min )

Charlie Munger, longtime business partner of Warren Buffet, said he lived in the same house for decades because he thought it'd be better for his kids.  ( 33 min )

Fed funds futures are now pricing in more than hundred basis points (bps) of cuts in 2024 and a 40% chance they begin as soon as March. Earnings growth in Europe will be flat in 2024 provided no recession materializes, J.P.Morgan said, warning that expectations of a re-acceleration in corporate topline and margins will be challenged on weakening pricing and volumes.  ( 33 min )

Options volatility often declines as stocks rise. Some investors use the opportunity to buy bearish put options to hedge stocks. Others buy bullish call options to wager on gains.  ( 24 min )

The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight on managers who have largely operated in their shadow. Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate's chairman and vice chairman. Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards.  ( 36 min )

Some of the stocks dumped as funds do tax-loss selling can be attractive buys.  ( 25 min )

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Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or donated over 75% of his Berkshire Hathaway stock.  ( 35 min )

Ark Invest, led by Cathie Wood, has sold a significant number of Coinbase shares, amounting to 43,956 COIN (equivalent to $5.3 million).  ( 34 min )

Investors’ decade-old deal pays off in ‘one of the huge private equity successes’  ( 4 min )

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(Bloomberg) -- Jack Ma urged Alibaba staff to take a page from hard-charging rival PDD Holdings Inc. in a surprise internal memo, in which the billionaire called on the company he co-founded decades ago to embark on fundamental change.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed Will Cut Interest Rates as Soon as F  ( 34 min )

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Investors expect the Federal Reserve to start cutting interest rates in 2024, which has sent the dollar tumbling.  ( 35 min )

Warren Buffett's Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay for the Haslam family's 20% stake in truck stop operator Pilot Travel Centers. Berkshire made the accusation in partially redacted filings made public on Tuesday in a countersuit against the Haslam family in Delaware Chancery Court, where the Haslams have been suing Buffett's company over Pilot.  ( 35 min )

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(Bloomberg) -- Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a potential way out of its partnership with Apple Inc.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Ma  ( 35 min )

Shares of Cigna and Humana dropped in intraday trading Wednesday after a report that the large health insurance companies were exploring a merger.  ( 1 min )

Hormel Foods missed earnings and revenue estimates on falling demand and softness in the China market, and shares of the packaged food firm declined.  ( 1 min )

Las Vegas Sands said its largest shareholder, Miriam Adelson and her family, would be selling $2 billion in stock so Adelson could buy the Dallas Mavericks.  ( 1 min )

CrowdStrike Holdings exceeded earnings and revenue estimates and raised its full-year guidance as subscription revenue jumped.  ( 1 min )

Workday shares surged after beating profit and sales estimates and raised its guidance as demand for its finance and HR software products rose.  ( 1 min )

General Motors shares jumped after reinstating its 2023 guidance, announcing a $10 billion share buyback, and boosting its dividend 33%.  ( 1 min )

Coinme is a digital currency exchange and mobile app that allows you to buy and sell cryptocurrency through ATM kiosks and MoneyGram locations.  ( 25 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A jumbo rate of 5.85% is also on offer.  ( 19 min )

Learn how you can lower your adjusted gross income and reduce your taxes by making qualified charitable distributions (QCDs) directly from your IRA account.  ( 27 min )

National Retail Federation figures show that more than 200 million consumers participated in Thanksgiving weekend shopping, 18 million more than expected.  ( 18 min )

Don't try to run from the tax man. Penalties and interest charges can run your tax bill up even higher. Here are some tips that can help you out.  ( 29 min )

Amazon sold 1 billion items in just 11 days of promotional deals this November as the company announced "millions more deals" to come during the holiday season.  ( 18 min )

Charlie Munger, the long-time investment partner at Warren Buffett's Berkshire Hathaway, has passed away at the age of 99.  ( 17 min )

Synchrony Financial shares gained as the consumer financial services firm announced the sale of its pet insurance unit, Pets Best, to Poodle Holdings.  ( 18 min )

3 kinds of indexing for ETF success include the market-cap-weighted index, the equal-weighted index, and the fundamental index.  ( 29 min )

The S&P 500 rose 0.1% on Tuesday, Nov. 28, 2023, as a positive report on consumer confidence helped lift U.S. equities after Monday's declines.  ( 17 min )

I bonds bought last year paid record rates. But with the current rates much lower, it may be smart to cash out. For many I bond holders, the ideal withdrawal date is Dec. 2.  ( 20 min )

Charlie Munger was vice chair and second-in-command to Warren Buffett, the legendary investor who chairs the $355-billion conglomerate Berkshire Hathaway.  ( 27 min )

Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 25 min )

Understanding the differences between bond funds and bond ETFs can help investors choose the instrument that is best for building a diversified bond portfolio.  ( 26 min )

SpringWorks Therapeutics received FDA approval for the first and only drug to treat desmoid tumors, and shares skyrocketed.  ( 17 min )

Amazon Inc. has unveiled its next-generation AI chip hardware while supporting Nvidia's H200 microchip. A new $20-per-month Amazon Q chatbot was also announced.  ( 17 min )

If the gain is from your primary home, then you may exclude a gain of up to $250,000 for a single filer or $500,000 if you're married filing jointly from income—if you meet certain requirements.  ( 26 min )

Learn how exchange-traded funds (ETFs) distribute their dividends and the difference between qualified and non-qualified dividends.  ( 23 min )

Virtual currency is a digital representation of value in purely electronic form. It can be open or closed and centralized or decentralized.  ( 25 min )

A short-term loss capital results from the sale of an investment held for a year or less below its price adjusted for additional investment and deductions.  ( 26 min )

A thrift savings plan (TSP) is a retirement investment program open only to federal employees and members of the uniformed services.  ( 29 min )

Bank of America has been fined by federal regulators for not collecting information that’s meant to help the government combat mortgage lending discrimination.  ( 17 min )

A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and Roth. Here's how they work.  ( 34 min )

TikTok is one of the most popular video-sharing and social media apps in the world.  ( 31 min )

A long-term capital gain or loss comes from a qualifying investment that was owned for longer than 12 months before being sold.  ( 23 min )

Your Social Security is taxable if you meet specific income levels. Here are three strategies that can reduce the taxes if you're required to pay.  ( 32 min )

Angel investing and crowdfunding are two very different options startups can use to get the funding they need.  ( 26 min )

The sale of collectibles can lead to a cash windfall. However, proceeds are heavily taxed because collectibles are not considered economic drivers.  ( 26 min )

Discounting is the process of determining the present value of a payment or a stream of payments that is to be received in the future.  ( 23 min )

The Consumer Confidence Index came in better than expected at 102 in November, above the revised reading of 99.1 for the prior month.  ( 18 min )

Here’s a look at the differences between private foundations and public charities, both of which are types of charitable organizations.  ( 27 min )

What exactly is a “good” raise? Learn what the average raise percentage is worth and how to set yourself up for a good salary bump, before your next annual review.  ( 30 min )

Zscaler beat profit and sales estimates, but its expenses soared and the company kept its full-year billing guidance unchanged.  ( 17 min )

ADRs of China's PDD Holdings soared as the operator of the Temu shopping app posted a big jump in revenue.  ( 17 min )

Rates on 30-year mortgages rose a few points Monday, but the average still sits in its lowest range of the last two months. Rates on most other loan types climbed modestly.  ( 19 min )

Accrual and cash basis methods recognize revenue and expenses at different times. Here are the advantages and disadvantages of each method.  ( 25 min )

Shares of Micron Technology fell Tuesday despite improved current-quarter revenue and earnings guidance from the chipmaker that has struggled from a slowdown in chip demand in recent quarters.  ( 17 min )

Family foundations can offer welcome benefits, but they are subject to intense IRS scrutiny. Knowing the rules could help to avoid a costly tax audit.  ( 26 min )

U.S. equities advanced at midday on Tuesday, Nov. 28, 2023 after a report showed consumer confidence increased in November after falling for three consecutive months.  ( 17 min )

Fast fashion giant Shein reportedly filed confidentially for an initial public offering in the U.S., and could be ready to start trading as soon as next year.  ( 17 min )

An investor can utilize these financial ratios to determine whether a manufacturing company is efficient, profitable, and a good long-term investment option.  ( 23 min )

Personal loan rates dropped to 21.68% this week, moving down 8 basis points since last week when the average personal loan rate stood at 21.76%.  ( 19 min )

A certificate of deposit (CD) is a savings product that earns interest on a lump-sum deposit that’s untouched for a predetermined period of time.  ( 40 min )

Gift tax is a federal tax applied to gifts of money or property over a certain sum. Learn how it works, who pays, and how to avoid gift taxes.  ( 29 min )

These bankers shaped the current financial system; though some didn't live to see the fruits of their labor.  ( 25 min )

Five main categories of taxpayers are exempt from payment under our tax code.  ( 24 min )

IRS Form 1310: Statement of Person Claiming Refund Due a Deceased Taxpayer is used to request a federal tax refund on behalf of a deceased taxpayer.  ( 28 min )

An appeals court handed a victory to DuPont spinoff Corteva and 3M in a class action lawsuit and Zscaler shares fell after the cloud cybersecurity provider reported rising costs. Here’s what investors need to know today.  ( 18 min )

An overview of how Robert Herjavec became a multimillionaire.  ( 26 min )

Understand the benefits and advantages of maintaining low working capital as related to liquidity needs, capital allocation, and operational efficiency.  ( 22 min )

Money is a part of everyone's life, and we all want it. But, what is it, how does it gain value, and how was it created?  ( 29 min )

Learn why some states have high property taxes while other states have low ones, and find out more about the states with the lowest property taxes.  ( 28 min )

Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.  ( 29 min )

Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.  ( 26 min )

Charlie Munger was a crucial partner for Berkshire Hathaway CEO Warren Buffett.  ( 27 min )

Today's best CD rates are 6.00% from Securityplus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank. A jumbo rate of 5.85% is also on offer.  ( 21 min )

Apple and Goldman had started to roll out a virtual credit card in 2019. The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added.  ( 34 min )

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(Bloomberg) -- A Deutsche Bank AG executive gave testimony that could bolster Donald Trump’s defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender’s own calculations.Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBill Ackman Bets Fed W  ( 37 min )

Has Boeing (NYSE:BA) stock switched from a toxic asset to a terrific investment? We might be witnessing Boeing’s long-term turnaround in 2023’s final months, and I am bullish on BA stock in light of a Wall Street expert’s upgrade. Boeing is an American aerospace and defense giant, and BA stock was once considered a safe defensive investment. For much of this year, however, the market focused on the “Magnificent Seven” technology stocks and left Boeing behind. Yet, as we’ll see, analysts are most  ( 35 min )

Known to be Warren Buffett's longtime investing partner, Munger left quite the mark on the wholesale retail giant Costco.  ( 36 min )

On an adjusted basis, the "edge-to-cloud" firm earned 52 cents per share, beating analysts' average estimate of 50 cents, according to LSEG data. Still, sticky inflation and higher-for-longer interest rates have forced companies to cut back on IT spending, hurting firms like HPE. HPE expects revenue in the first quarter of fiscal 2024 to be in the range of $6.90 billion to $7.30 billion, the mid point of which is below estimates of $7.28 billion.  ( 34 min )

Videogame software provider Unity Software will eliminate 265 jobs or 3.8% of its global workforce and end an agreement with a digital video effects company founded by the "Lord of the Rings" director as part of a "reset," the company said on Tuesday. The move follows a tumultuous period for the San Francisco-based company, which makes a software toolkit used by many videogame developers including the maker of the popular "Pokemon Go" mobile game. In October, Unity CEO John Riccitiello retired, and the company appointed former IBM president Jim Whitehurst as interim CEO and president and Sequoia Capital partner Roelof Botha as board chairman.  ( 34 min )

I bonds bought last year paid record rates. But with the current rates much lower, it may be smart to cash out. For many I bond holders, the ideal withdrawal date is Dec. 2.  ( 22 min )

Here are some of the Oracle of Omaha’s comments through the years on his longtime investing partner, who died Tuesday at 99.  ( 26 min )

(Bloomberg) -- Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in an unidentified professional sports team.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bets: Markets WrapMilei’s  ( 34 min )

(Bloomberg) -- If the US Treasury had tried to act tactically, like a company, to lock in low long-term borrowing costs during the pandemic, it would have damaged bond markets and the dollar, a former Treasury official wrote in a blog post. Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce ViolationsBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasury Yields Slide as Fedspeak Fuels Pivot Bet  ( 34 min )

“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” CEO Warren Buffett said of Charlie Munger.  ( 37 min )

HP Enterprises is benefiting from its high-performance-computing and AI segment.  ( 24 min )

The "Magnificent Seven" has been, well, magnificent. But investor beware: As one analyst points out: “No stock outperforms forever.”  ( 37 min )

The "Magnificent 7" has been, well, magnificent. But investor beware: as one analyst points out: “No stock outperforms forever.”  ( 37 min )

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Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, said longtime vice chairman Charlie Munger died peacefully on Tuesday morning at a California hospital. He was 99  ( 32 min )

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(Bloomberg) -- Options in GameStop Corp. are seeing wild volume as traders bet that the stock will rally 50% in little over a week.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresHamas Releases 12 Hostages Despite Claims of Truce ViolationsSwap Traders Boost Rate-Cut Wagers After Fedspeak: Markets WrapIndia to Add $5 Billion Aircraft Carrier to Fleet to Counter ChinaA Dec. 8 $20 call option chang  ( 34 min )

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(Bloomberg) -- Oil rose as OPEC+ members continued negotiations over output levels and a Federal Reserve official signaled the central bank’s rate-hiking campaign may be complete.Most Read from BloombergMusk’s Cybertruck Is Already a Production Nightmare for TeslaBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresIsrael and Hamas Trade Blame Amid Claims of Truce ViolationsUS Yields Fall as Waller’s Remarks Fuel Pivot Bets: Markets WrapSingapore High Court Grants Injunction Against P  ( 34 min )

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A stock sale "will shine a spotlight on the business model and financials" of the fast-fashion giant about which little is known, said one analyst.  ( 35 min )

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U.S. Steel said in August that it was evaluating strategic options that could include a sale of the business.  ( 21 min )

In the context of today’s economic challenges, such as high interest rates, supply issues and elevated home prices, the wisdom shared by Berkshire Hathaway Inc. CEO Warren Buffett at the company's 1998 annual shareholders meeting remains relevant. A question from audience member Nelson Errata about the timing and strategy for buying a house elicited a response that provides valuable insight into investment and personal finance decisions. Buffett shared a personal anecdote about a critical decisi  ( 36 min )

Renowned investor Berkshire Hathaway Inc. CEO Warren Buffett is known for his practical investment advice. Yet, his response to a job inquiry, detailed in a recount by an Inc. reporter, showcases a different side of his wisdom. During a talk at a business school, Buffett, instead of delving into investment strategies, shared an anecdote. A young man, eager for entrepreneurship experience, sought employment at Buffett’s firm in Omaha, Nebraska. The young aspirant believed that working at Berkshir  ( 35 min )

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Putting away $4 million for retirement is a great accomplishment. However, you're likely wondering how much interest $4 million earns per year. Predicting how much interest your nest egg earns will help you decide if it's enough to support your … Continue reading → The post How Much Interest Does $4 Million Earn Per Year? appeared first on SmartAsset Blog.  ( 37 min )

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Car buyers looking for another way to buy a Rivian truck or SUV have another option: leasing.  ( 23 min )

In the rapidly evolving landscape of electric vehicle (EV) technology, a new player is emerging as a formidable challenger to Tesla Inc.’s dominance. QuantumScape, a Silicon Valley-based startup, is revolutionizing the EV battery market with its cutting-edge solid-state batteries. The batteries are touted to have triple the energy density of Tesla’s lithium-ion cells, significantly faster charging times and a safer, more sustainable design. QuantumScape’s leap into the future is marked by its in  ( 35 min )

When investing in the stock market, a history of strong returns should be high on your priority list. Combine this with a positive outlook on the future, and you may have a winner to add to your portfolio. Amgen Inc., an American multinational biopharmaceutical company, fits this mold. The company has a 10-year annualized total return of 13.69% through the end of 2022. And if that's not enough to pique your interest, consider this: It pays out billions of dollars in dividends to investors every  ( 35 min )

Even if mortgage rates come down, today’s high home prices don’t seem sustainable.  ( 28 min )

Piper Sandler analysts downgraded shares of e-commerce platform Shopify to Underweight from Neutral.  ( 20 min )

Oppenheimer analyst Chris Kotowski updated shares of Citigroup, Inc (NYSE:C) to a Maintains rating and set the price target from $82 to $85. While Citigroup anticipates full-year 2023 adjusted revenue to range between $78 billion and $79 billion, Kotowski believes that the potential to shrink the share count is enormous, paving the way for patient shareholders to reap rewards. In addition to solid performance, Citigroup’s healthy dividend yield of 4.6% provides an opportunity for income-focused  ( 35 min )

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A key Federal Reserve official said Tuesday that he is “increasingly confident” that the Fed's interest rate policies will succeed in bringing inflation back to the central bank's 2% target level. The official, Christopher Waller, a member of the Fed's Board of Governors, cautioned that inflation is still too high and that it's not yet certain if a recent slowdown in price increases can be sustained. “I am increasingly confident that policy is currently well-positioned to slow the economy and get inflation back to 2%,” Waller said in a speech at the American Enterprise Institute, a Washington think tank.  ( 33 min )

AT&T Inc (NYSE:T), once a darling for blue-chip investors, is currently around $16, $3 above the 52-week low. Despite the telecom giant’s beleaguered stock price, there may be an opportunity for investors to capitalize on both potential capital appreciation and its dividends. This summer, AT&T CFO Pascal Desroches reassured investors about the company’s financial health at the Bank of America Corp (NYSE:BAC) C-Suite Technology, Media and Telecommunications Conference. Desroches reiterated AT&T’s  ( 35 min )

Boeing upgraded, Shopify downgraded: Wall Street's top analyst calls  ( 36 min )

Nvidia stock has lost some momentum after the company's stellar earnings. The pause in the stock's push higher shouldn't last for long, according to analysts at Melius Research.  ( 23 min )

Investors are weighing whether a pullback is coming after a surge put stocks on course for their best month in over a year.  ( 35 min )

Discount-focused online retailer PDD may be a beneficiary of China's economic slowdown.  ( 20 min )

While many stocks have struggled in the past couple of years, shares of some of the U.S.’s best businesses have kept chugging higher.  ( 29 min )

A few energy names could see stellar growth next year, assuming commodity prices stay strong.  ( 26 min )

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Bristol Myers has agreed to pay Avidity $60 million in cash and will also purchase about $40 million of Avidity common stock at $7.88 a share.  ( 20 min )

RBC analyst Ken Herbert upgrades Boeing stock to the equivalent of Buy from Hold and boosts his price target to $275 a share from $200.  ( 23 min )

Gold prices are back at near-record highs. Why? Futures for the precious metal have shot up 8% so far this quarter, with gold now fetching  ( 22 min )

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Managing your 401(k) in retirement every bit as important as managing it up to that point. There are plenty of reasons for this but the big one is, you're going to need this money for a long time. With good health and good luck, you could spend almost as much time in retirement as you […] The post What Should I Do With My 401(k) Once I Retire? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Discount-focused online retailer PDD may be a beneficiary of China's economic slowdown.  ( 20 min )

(Bloomberg) -- European stocks fell for a second day and US futures pointed to a weaker open on Wall Street amid signs the November rally in equities is overstretched. Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeSingapore High Court Grants Injunction Against PM Lee’s BrotherMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorIsrael, Hamas Extend Gaza Truce as 11 More Hostages Are Fre  ( 36 min )

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Canada's Bank of Nova Scotia reported a drop in fourth-quarter profit on Tuesday, as a murky economic climate prompted the lender to set aside bigger funds for potential loan defaults. Lenders have been bracing for a surge in loan defaults as effects of the central bank's monetary policy tightening flow through and the economy flirts with a recession. Scotiabank responded by increasing its provision for credit losses to C$1.26 billion from C$529 million a year earlier.  ( 34 min )

(Bloomberg) -- Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans.Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresSingapore High Court Grants Injunction Against PM Lee’s BrotherRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorIsrael, Hamas Extend Gaza Truce as 11 More Hostages Are FreedProvi  ( 35 min )

The criminal convictions of Sam Bankman-Fried and the Binance gang just mark the beginning of the U.S. government's drive to expose crypto as a tool for fraud and money-laundering. Yet some politicians are still trying to polish its reputation.  ( 39 min )

The world’s largest owner of commercial real estate is eyeing deals across Europe as interest rates stay high.  ( 36 min )

These companies are poised to ride the AI boom and protect investors from the impact of higher interest rates.  ( 44 min )

Zscaler shares fall after the cybersecurity company's fiscal-year forecast for calculated billings disappoints, and Boeing stock is upgraded. CrowdStrike, Intuit, and Workday are among companies scheduled to report quarterly earnings Tuesday.  ( 21 min )

There’s just over a month left of 2023, which makes this a good time to figure out what lies in store for investors in 2024. Fortunately, we don’t have to rely on ourselves for this, as the equity strategy team at Morgan Stanley is on the job. The team, led by chief investment officer Mike Wilson, agrees that there are clouds on the horizon over the near-term namely because earnings forecasts are down, economic data is weaker, and the recent stock market rally seems limited in scope with essenti  ( 39 min )

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Rolls-Royce said it expected to deliver £400-500 million in cost savings in the mid-term, paving the way to restore capital returns, as it set out its financial targets through 2027.  ( 26 min )

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As the U.S. economy slows, Wolfe Research expects more defensive strategies to outperform.  ( 25 min )

A few energy names could see stellar growth next year, assuming commodity prices stay strong.  ( 26 min )

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Beijing’s green lights for Broadcom and Mastercard are seen as isolated successes tied to politics.  ( 30 min )

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A new renewable hydrogen technology, which uses recycled aluminum and water, signals major progress in the $11-trillion hydrogen market.  ( 44 min )

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(Bloomberg) -- In Courtroom No. 29, a gray, musty cubbyhole of a space wedged into the heart of Hong Kong’s tony banking district, Judge Linda Chan presides over China’s great financial reckoning.Most Read from BloombergBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresTreasuries Extend Blockbuster Rally on Fed Wagers: Markets WrapRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeSingapore High Court Grants Injunction Against PM Lee’s BrotherMusk, Netanyahu Visit Massa  ( 39 min )

Charlie Munger, the long-time investment partner at Warren Buffett's Berkshire Hathaway, has passed away at the age of 99.  ( 1 min )

Amazon sold 1 billion items in just 11 days of promotional deals this November as the company announced "millions more deals" to come during the holiday season.  ( 1 min )

Synchrony Financial shares gained as the consumer financial services firm announced the sale of its pet insurance unit, Pets Best, to Poodle Holdings.  ( 1 min )

Amazon Inc. has unveiled its next-generation AI chip hardware while supporting Nvidia's H200 microchip. A new $20-per-month Amazon Q chatbot was also announced.  ( 1 min )

SpringWorks Therapeutics received FDA approval for the first and only drug to treat desmoid tumors, and shares skyrocketed.  ( 1 min )

Shares of Micron Technology fell Tuesday despite improved current-quarter revenue and earnings guidance from the chipmaker that has struggled from a slowdown in chip demand in recent quarters.  ( 1 min )

ADRs of China's PDD Holdings soared as the operator of the Temu shopping app posted a big jump in revenue.  ( 1 min )

Fast fashion giant Shein reportedly filed confidentially for an initial public offering in the U.S., and could be ready to start trading as soon as next year.  ( 1 min )

The S&P 500 rose 0.1% on Tuesday, Nov. 28, 2023, as a positive report on consumer confidence helped lift U.S. equities after Monday's declines.  ( 1 min )

U.S. equities advanced at midday on Tuesday, Nov. 28, 2023 after a report showed consumer confidence increased in November after falling for three consecutive months.  ( 1 min )

Stock futures retreated in premarket trading Tuesday as markets hit pause on the rally that's made November the best month for stocks all year.  ( 1 min )

An appeals court handed a victory to DuPont spinoff Corteva and 3M in a class action lawsuit and Zscaler shares fell after the cloud cybersecurity provider reported rising costs. Here’s what investors need to know today.  ( 1 min )

In geen enkele bedrijfstak zijn zoveel mensen lid van een vakbond als bij de politie en brandweer. Twee op de drie brandblussers en agenten hebben zich aangesloten bij een bond. Bij bus- en trambestuurders gaat het om bijna de helft (49 procent).  ( 8 min )

Opnieuw waarschuwt de Amerikaanse toezichthouder FDA voor problemen met slaapapneu-apparaten van Philips. Dit keer gaat het om oververhitting van de DreamStation 2. Dat apparaat viel niet onder de terugroepacties waarbij Philips sinds 2021 miljoenen defecte slaapapneuapparaten moest herstellen omdat isolatieschuim kon loslaten.  ( 9 min )

De prijs voor cacao heeft het hoogste niveau sinds 1977 bereikt. Het belangrijke ingrediënt voor chocolade is duurder geworden doordat slechte weersomstandigheden de oogst in Ivoorkust en Ghana dwarszitten.  ( 9 min )

De komst van de eerste Airbus van Transavia heeft vertraging opgelopen. De luchtvaartmaatschappij meldt dat het nieuwe toestel door een nog onbekende oorzaak beschadigd is geraakt. Transavia zou de Airbus A321neo, die al gereed was voor gebruik, begin december ophalen uit Hamburg.  ( 8 min )

Pakketbezorgers van DHL brachten vandaag ruim 2 miljoen pakketjes naar consumenten, een nieuw dagrecord. Het vorige record stond op de dinsdag na Black Friday vorig jaar, toen 1,6 miljoen pakketten aan huis werden bezorgd.  ( 8 min )

Fysieke winkels profiteerden in de afgelopen dagen maar beperkt van de koophype rond Black Friday. Maar online kochten consumenten wel veel meer dan in 2022. Dat komt doordat er ook meer kortingsacties worden aangeboden.  ( 9 min )

Minder dan 2 procent van het Nederlandse spaargeld staat op een buitenlandse rekening, meldt De Nederlandsche Bank (DNB). Dit ondanks de hogere rentes die sommige buitenlandse banken geven op spaartegoeden.  ( 10 min )

Europol heeft in Oekraïne meerdere cybercriminelen aangehouden die verdacht worden van wereldwijde aanvallen met gijzelsoftware. De cyberaanvallen veroorzaakten wereldwijd voor honderden miljoenen euro's aan schade.  ( 8 min )

De Nederlandse bank FMO heeft een nieuw investeringsfonds van omgerekend zo'n miljard euro opgericht. Met dit fonds kunnen klimaatprojecten en ongelijkheidsbestrijding in ontwikkelingslanden worden gefinancierd.  ( 8 min )

De budgetvliegmaatschappij easyJet heeft in het afgelopen jaar forse winsten geboekt. Het Britse bedrijf profiteerde volop van de grote vraag naar vliegreizen in Europa.  ( 8 min )

De Europese Commissie is bang dat de overname van stofzuigermerk iRobot door Amazon slecht is voor de concurrentie. De concurrentiewaakhond wil dat de bedrijven met oplossingen komen, anders wordt de overname geblokkeerd.  ( 8 min )

De meeste 'kritieke grondstoffen' die we in Nederland gebruiken komen uit China, blijkt uit nieuwe cijfers van statistiekbureau CBS. Die grondstoffen worden gebruikt om zonnepanelen, laptops en telefoons te maken.  ( 8 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other manufactures of toxic so-called "forever chemicals" a big win in their fight against legal liability for the substances, rejecting a lower court's ruling that would have allowed about 11.8 million Ohio residents to sue the companies as a group. The Cincinnati, Ohio-based 6th U.S. Circuit Court of Appeals vacated a lower court's approval of the massive class action, which included virtually every resident of Ohio and put considerable legal pressure on the chemical manufacturers to settle the plaintiffs' claims. The court found that lead plaintiff Kevin Hardwick filed too broad a complaint against the manufacturers, and had not shown per- and polyfluoroalkyl substances, or PFAS, found in his body could be traced directly to defendants such as units of 3M, DuPont and others.  ( 34 min )

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Shares of Zscaler fell more than 6% in after-hours trading as the cloud security company's operating expenses for the first quarter jumped by about 24% to $431.4 million. A push towards cyber security and drastic developments in artificial intelligence across industries employing vast, vulnerable data have led to increased costs for firms like Zscaler, as they rush to develop new offerings. "In order to meet this growing need, we are scaling our go-to-market and R&D organizations," Zscaler Chief Executive Jay Chaudhary said in a statement.  ( 34 min )

When considering purchasing dividend stocks, investors often look at an issue's total return over time. But the total return is not just about the price today versus the price an investor originally paid for the shares. Total return includes any share price appreciation plus the dividends received and the return may differ, depending on whether the investor collects or reinvests the dividends. It should also be noted that dividends paid often vary over time. Many investors focus on dividend yiel  ( 36 min )

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The Federal Reserve will need nearly four more years to cover a historic operating loss and start sending profits again to the U.S. Treasury, according to new research from the Federal Reserve Bank of St. Louis. The losses are a product of the Fed’s rate rise cycle which saw the central bank sharply increase its interest rate target while at the same time shrinking the size of its balance sheet, both of which are being done to make monetary policy tight enough to cool high levels of inflation. The pincer movement of these two policy actions drove the Fed to start losing money in September 2022.  ( 34 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 19 min )

Last week, Nvidia Corporation (NASDAQ: NVDA) reported staggering third-quarter results. Despite its reliance on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Nvidia’s Data Center division drove this impressive growth, allowing the company to outshine its competitors, including TSMC, as well as Intel (NASDAQ: INTC), and Advanced Micro Devices, Inc. (NASDAQ: AMD). But, shares slumped upon news that Nvidia is delaying the launch of its new AI chip for China, touted as the most pow  ( 35 min )

Electric-vehicle start-up Fisker saw two chief accounting officers depart as it filed third-quarter earnings and regulatory forms late.  ( 24 min )

Shares of Pfizer Inc. are hovering around $30 as investors adjust to the company's pursuit of a candidate for a weight loss pill, marking its entry into the competitive obesity drug market. The Street responded critically. JPMorgan Chase & Co analysts called the news a setback for the company. Lotiglipron — the disregarded candidate — was expected to be the stronger contender. Meanwhile, SVB Securities labeled the decision "incrementally negative," according to Yahoo! Finance. Still, Pfizer is p  ( 35 min )

The SPDR S&P 500 ETF Trust (NYSE:SPY) has a 52-week high of $459.44 and a 52-week low of $374.77. The ongoing exit from bear to bull market offers a chance for investors to reassess their investment strategies, one of which could be taking advantage of dividend yields. That’s where SPY, the S&P 500 ETF, comes into play. Don’t Miss: Jeff Bezos called the meteoric success of this real estate investing strategy early on. He bet millions on the growth of fractional investing, and you can get in on t  ( 35 min )

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Spencer Rascoff, the renowned co-founder and former CEO of Zillow, and the entrepreneurial force behind Pacaso, has surprisingly limited involvement with investing in real estate. Despite his pivotal role in revolutionizing the online real estate space, Rascoff's personal investment in the sector is notably minimal. During a recent fireside chat, Ryan Frazier, Co-Founder and CEO of Arrived, inquired about Rascoff's foray into real estate investments. Rascoff’s response was candid: apart from own  ( 35 min )

The option, which has been made available in states including California, New York, Florida and Texas, comes days ahead of the launch of Tesla's Cybertruck which competes with the R1T. The $7,500 federal tax credit for electric vehicle purchases also applies to customers who prefer to lease, boosting demand.  ( 33 min )

Meta's Facebook lost the latest round of a court battle over privacy with the U.S. Federal Trade Commission on Monday after a federal judge ruled the regulator can seek to reduce the amount of money the social media company makes from users under 18. The judge ruled that Facebook must face a review of an earlier agreement that it struck with the FTC. Judge Timothy Kelly of the U.S. District Court for the District of Columbia denied a motion filed by Meta for the court to take over the fight.  ( 34 min )

Cyber Monday is delivering a deal for CD shoppers, with a freshly unveiled 6% offer you can only snatch up today. It's available to anyone nationwide for a 12-month term.  ( 18 min )

Gold is showing additional proof of a rally towards all-time highs, one strategist says.  ( 35 min )

Amazon founder Jeff Bezos keeps lowering his stake. Shares of the retailer and cloud company have outperformed the S&P 500 in the last 20 years plus.  ( 27 min )

When most people think of Jeff Bezos, they think of Amazon.com Inc. and its origin story: starting in a garage with a loan from his parents. But there’s another, lesser-known part of Bezos’s journey. Before Amazon took off, Bezos made a smart investment that could have made him a billionaire outside of Amazon. In 1998, four years after launching Amazon, Bezos invested in a small search engine startup operating out of a garage in Menlo Park, California. This startup, nurtured by the genius of Lar  ( 36 min )

The Kraft Heinz board of directors has approved up to $3 billion in a share repurchase program, the maker of ketchup and mac and cheese announced Monday.  ( 34 min )

In this piece, I evaluated two chipmaker stocks, NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), using TipRanks’ comparison tool to determine which is better. A deeper analysis suggests a bullish view for NVIDIA and a bearish view for AMD. NVIDIA develops graphics processing units (GPUs) semiconductors for artificial intelligence (AI), gaming, creative design, robotics, and autonomous vehicles. Meanwhile, AMD designs processors and related technologies for AI, data centers, gaming,  ( 36 min )

Contrary to popular belief, the world’s most profitable company in 2023 is not a tech giant like Apple Inc. or Alphabet Inc.'s Google but oil giant Saudi Aramco. Last year, Saudi Aramco reported a net income of $161.1 billion, marking its highest annual profit as a listed company​​. This immense profitability is built on a foundation of $592 billion in oil and petrochemicals sales, a significant increase from $400 billion in sales the previous year​​. Fortune recognized Saudi Aramco as the most  ( 36 min )

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Bill Gates, the seventh richest person in the world, has a well-documented affinity for dividend income. This investment preference is clearly reflected in the staggering $464.5 million he earns annually from his portfolio. Gates’s investment strategy, rooted in picking companies with strong dividend yields, showcases his commitment to steady, long-term income streams. The Bill & Melinda Gates Foundation Trust's most recent 13F filing reveals that a significant portion of this income is generate  ( 34 min )

(Bloomberg) -- Bayer AG hired several teams of bankers for a strategy simulation game that studied various breakup scenarios, according to people familiar with the matter. Their conclusion: Sweeping changes to the troubled German conglomerate won’t be easy.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorS&P 500 Wavers After Big Rally as  ( 35 min )

My wife and I bought long-term care policies 25 years ago when they were relatively cheap. Now, our premiums have increased for the third time to over $500 per month and will rise again in six years. I figure I’ve already paid about $72,000 in premiums. Now, in our late 70s, I’m trying to decide […] The post Ask an Advisor: Our Long-Term Care Insurance Now Costs $500 Per Month. We’re in Our Mid-70s and Have Paid $72k in Total. Should We Cancel Our Policies? appeared first on SmartReads by SmartA  ( 35 min )

Rates on 30-year mortgages fell another few points Wednesday, dropping the average to within a few points of its two-month low. Rates on most loan types dipped or were flat.  ( 22 min )

(Bloomberg) -- Saudi Arabia is asking others in the OPEC+ coalition to reduce their oil-output quotas in a bid to shore up global markets but some members are resisting, delegates said.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogens Are Behind Spike in Re  ( 35 min )

We’ll explain how much money you should have saved by 40, including average net worth, how much you need in your 401(k), and how to prioritize retirement savings.  ( 37 min )

“Building a company offshore, skirting regulation, it's just not going to work,” Armstrong said in an interview with CNBC in London.  ( 34 min )

Sales of new U.S. single-family homes fell more than expected in October, likely as higher mortgage rates reduced affordability, but the housing segment remains supported by a persistent shortage of previously owned properties on the market. New home sales dropped 5.6% to a seasonally adjusted annual rate of 679,000 units last month, the Commerce Department said on Monday. Economists polled by Reuters had forecast new home sales, which account for a small share of U.S. home sales, would fall to a rate of 723,000 units.  ( 33 min )

If you earn income that doesn’t have taxes automatically withheld, such as income from investments or self-employment, you may need to pay estimated taxes. Estimated taxes are pay-as-you-go tax payments individuals make throughout the year, typically quarterly, to cover their expected tax liability. The quarterly payment approach can help avoid underpayment penalties. However, instead of […] The post How Can Estimated Taxes Be Paid? appeared first on SmartReads by SmartAsset.  ( 35 min )

Elon Musk is slated to meet with Israeli President Yitzhak Herzog on Monday.  ( 24 min )

(Bloomberg) -- President-elect Javier Milei plans to call congress into an extraordinary session and send a large package of reforms to stabilize Argentina’s economy on Dec. 11, the day after his inauguration.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeBillions Wiped Out as Stock-Safety Trade on Wall Street MisfiresMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogen  ( 35 min )

Oil prices were down early Monday as members of the Organization of the Petroleum Exporting Countries (OPCE) prepared to meet later this week.  ( 20 min )

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(Bloomberg) -- The Federal Reserve’s preferred underlying inflation measure will be slower to recede, which should keep interest rates higher for longer, according to Bloomberg’s latest survey of economists.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeMusk, Netanyahu Visit Massacre Site Amid Antisemitism FurorSodium in Batteries: Shift May Herald Another ShakeupChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesBillions Wiped Out as S  ( 34 min )

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Activist investor Elliott Investment Management is seeking new executive and board changes at Crown Castle in a letter released on Monday, after disclosing a $2 billion stake in the real estate investment trust. Shares of Crown Castle were up more than 5% premarket. "Crown Castle suffers from a profound lack of oversight by the Board, which has contributed to its irresponsible stewardship and flawed financial policy," Elliott said in the letter.  ( 34 min )

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Citi sees multiple reasons for caution, including the retailer's relationship with Nike, after Foot Locker stock passed analysts' price targets.  ( 23 min )

Tesla has filed a lawsuit against the Swedish Transport Agency as striking workers in the Scandinavian country halted the delivery of license plates of new vehicles manufactured by the Texas-based automaker, reported Sweden’s Dagens Industri on Monday. Mikael Andersson, a press spokesman for the agency, told local broadcaster SVT that the lawsuit was filed early morning “so we have not seen it yet.” Leading business paper Dagens Industri reported that Tesla — which is non-unionized globally — was suing the government agency because not accessing the registration plates “constitutes an unlawful discriminatory attack directed at Tesla.”  ( 35 min )

Stocks are on track to book their best month in over a year, as upbeat investors keep rally hopes alive.  ( 35 min )

Stocks are on track to book their best month in over a year, as upbeat investors keep rally hopes alive.  ( 35 min )

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I’ve had a financial advisor, who is a certified financial planner (CFP), since December of last year. I really find his advice super valuable, but I can't seem to get over the fact that he sold all of my Nvidia stock when he took over as my CFP. I had bought $20,000 worth of Nvidia […] The post Ask an Advisor: My Advisor Sold My Nvidia Stock When I Hired Him, Costing Me $50k in Potential Profits. How Do I Deal With It? appeared first on SmartReads by SmartAsset.  ( 38 min )

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The end of zero-rate policy in Japan seems like a risk to American bonds. In fact, they may already have passed the test.  ( 28 min )

Wall Street ended the Thanksgiving week on a positive note, with the major indexes notching up their fourth consecutive week of gains on growing optimism that the Federal Reserve was likely done hiking interest rates. In the US, the investors will look out for the "Beige Book", the Fed's compendium of reports about the economy, on Wednesday. The personal consumption expenditure index data for October - the Fed's preferred inflation gauge - is slated to be released on Thursday.  ( 34 min )

Tesla has filed a lawsuit against the Swedish government's Transport Agency over a workers' strike that has blocked the U.S. auto maker's requests for license plates for new vehicles, business daily Dagens Industri reported on Monday. IF Metall, Sweden's biggest manufacturing union, is locked in a fight with Tesla to get a collective bargaining agreement for its mechanics in Sweden. Metall put the mechanics on strike on Oct. 27, refusing to service Tesla's cars.  ( 34 min )

Representatives of Volkswagen's management announced staff reductions to IG Metall union representatives in Wolfsburg on Monday, according to a report by Spiegel magazine. "The situation is very critical," VW brand chief Thomas Schaefer was quoted as saying by Spiegel, according to participants. At the same meeting, the company's works council leader, Daniela Cavallo, stressed there should be "no departure from our collective agreements and job security until 2029," Spiegel said.  ( 33 min )

With markets on a roll in recent months, a new Yahoo Finance/Ipsos poll reveals big appetite for the gift of stocks or other investments.  ( 35 min )

(Bloomberg) -- Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded funds focusing on dividends.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMusk Tours Massacre Site With Netanyahu Amid Antisemitism FurorElev  ( 36 min )

OpenAI employees may not like the board’s retort that allowing the company to be destroyed would be consistent with the mission–but they saw it this way.  ( 38 min )

🔎 Crown Castle (CCI): Activist Elliott Investment Management plans to push for change at the owner of wireless towers after amassing a stake of more than $2 billion, [The Wall Street Journal reported](https://www.wsj.com/business/telecom/elliott-ren  ( 23 min )

Amazon is eclipsing both carriers in the number of packages it brings to U.S. homes, and the gap is growing.  ( 26 min )

Crown Castle stock rises after a report says the owner of wireless towers is the target of renewed activist attention.  ( 23 min )

The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. The post Biden administration announces massive logistics plan appeared first on FreightWaves.  ( 36 min )

The Organization of the Petroleum Exporting Countries (OPEC) delayed a meeting amid talk that some countries want higher crude oil output quotas.  ( 19 min )

Strategists at Deutsche Bank expect the index to end 2024 at 5,100 points. The S&P 500 is up close to 19% so far this year. They expect profits for the index companies to rise by 19% next year if U.S. gross domestic product grows by 2%.  ( 34 min )

Investing.com -- U.S. futures edged lower Monday, as investors took profits given the strong gains this month to date ahead of the release of more important inflation data this week.  ( 35 min )

(Bloomberg) -- China’s world-beating solar sector will start seeing smaller equipment makers being forced out next year as prices keep falling, according to one of the leading manufacturers. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry  ( 35 min )

One of Russia's most lucrative oil trade routes since the imposition of Western sanctions over the Ukraine conflict faces a major challenge because of the drawbacks of payment in currency other than dollars, with no short-term solution in sight. For decades, the U.S. dollar has been the currency of international oil trade and efforts to find alternatives have been thwarted by the difficulties of conversion, as well as political obstacles. The problems flared when India - which has become Russia's biggest buyer of seaborne oil since European customers retreated - insisted in July on paying in rupees and the trading activity nearly fell apart, according to three sources familiar with the matter.  ( 35 min )

Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memory. Despite fresh liquidity injections by the central bank to calm the market, traders and analysts said borrowing costs for the funds that could help financial institutions, especially non-banks, to tide over the critical month-end period remained high. The price of the benchmark seven-day repos traded in the interbank market, hit a high of 2.8% on Monday, the highest level since Oct. 31.  ( 33 min )

(Bloomberg) -- A five-month rally in MediaTek Inc. looks set to extend as booming demand for smartphones and a promising new AI chip brighten the outlook.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry to Chinese, Indian CitizensThe Taiwan  ( 36 min )

While Teva's focus in recent years has been on stabilizing revenue and EBITDA, analysts expect future attention to turn toward Teva's attractive brand assets. This shift could allow investors to benefit from accelerated product launches and reduced pipeline risks.  ( 35 min )

(Bloomberg) -- As China’s embattled shadow banking giant Zhongzhi Enterprise Group Co. faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about $56 billion.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia t  ( 34 min )

Sumitomo Mitsui Financial Group said Jun Ohta, its director president and group chief executive, has died at the age of 65.  ( 25 min )

U.S. stocks will likely continue to see gains in 2024, some market watchers say. Investors would have big tech stocks to thank, again.  ( 27 min )

Jim Cramer, the host of CNBC's Mad Money, has reversed his opinion on Bitcoin and is now urging investors to reconsider their positions.  ( 33 min )

Treasury yields are a few basis points higher, but that hasn't helped the dollar which lost ground to a broadly firmer yen. China's central bank announced it would encourage financial institutions to support private companies, including with a greater tolerance for non-performing loans. The market didn't seem impressed and China's blue chips are down around 1.2%.  ( 35 min )

European Central Bank (ECB) President Christine Lagarde, a prominent critic of cryptocurrencies, recently disclosed that her own family experienced the unpredictable nature of digital assets.  ( 33 min )

MicroStrategy, the enterprise business firm well-known for its optimistic stance on Bitcoin, witnessed a surge in its stock price, surpassing $500 on last friday.  ( 34 min )

SHANGHAI/BEIJING (Reuters) -The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a market rally, three people familiar with the matter said. A "major shareholder" is one with a stake of 5% or more, and to sell shares in a company they own, they need to make a public filing with the relevant stock exchange, according to rules for the country's bourses. The Beijing exchange has been rejecting those filings, said the people who were not authorised to speak to media and declined to be identified.  ( 33 min )

Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the U.S. Federal Reserve is done with its interest rate hike cycle, while the focus shifted to U.S. inflation data due later this week. Spot gold was up 0.4% at $2,009.69 per ounce by 0404 GMT. "What's moving gold at the moment is the lower U.S. dollar because of the recent soft data," said Kyle Rodda, a financial market analyst at Capital.com.  ( 34 min )

(Bloomberg) -- A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end demand for cash exacerbates an already-tight liquidity environment.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMalaysia to Allow Visa-Free Entry to Chinese, Indian  ( 34 min )

(Bloomberg) -- Oil steadied after a three-day drop on signs OPEC+ may deepen production cuts when it holds its postponed meeting on Thursday.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas Look to Extend Truce After More Hostages Are FreedGlobal benchmark Brent tra  ( 33 min )

(Bloomberg) -- Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his four years at the helm of Japan’s second-largest bank, has died. He was 65. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas  ( 34 min )

(Bloomberg) -- Asian stocks are poised to start a fresh week higher after US shares held last week’s gain in a holiday-shortened session on Wall Street. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakFutures cont  ( 36 min )

Federal employees and military personnel can choose to save for retirement through a Roth TSP or a Roth IRA. Here's how they differ.  ( 33 min )

U.S. employees are more dissatisfied than they were in the thick of the pandemic  ( 23 min )

(Bloomberg) -- The selloff that’s ripped through green stocks looks set to continue into 2024, bringing a fourth consecutive year of losses, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend Truce After More Hostages Are FreedMarkets Cheer as Milei Dro  ( 36 min )

Asian shares got off to a hesitant start on Monday ahead of potentially market-moving inflation data from the United States and Europe later in the week, and a meeting of oil producers that could stop, or extend, the recent slide in prices. Japan's Nikkei added 0.3%, having surged 9% so far in November. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, but 6.7% firmer for the month.  ( 35 min )

Toyota's chairman, who's long resisted EV hype despite pressure, is feeling vindicated, with hybrid sales surging this year.  ( 35 min )

Drugmakers are seeking to limit their reliance on Chinese contractors who produce drugs used in clinical trials and early-stage manufacturing, a move that is benefiting rivals in India, according to interviews with 10 industry executives and experts. China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there. That is leading some biotech companies to consider using manufacturers in India to produce active pharmaceutical ingredient (API) for clinical trials or other outsourced work.  ( 35 min )

Foxconn announced it would invest more than $1.5 billion in India as the major supplier of iPhones moves to expand its production outside of China.  ( 1 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 1 min )

The maker of the Roomba vacuum cleaner saw its shares fall roughly 17% after EU regulators questioned an acquisition by Amazon.  ( 1 min )

U.S. automaker Tesla filed a lawsuit against the Swedish government after a postal workers strike in the country delayed delivery of license plates to the company.  ( 1 min )

Activist investor Elliott Investment Management called for a shake-up in the leadership of real estate investment trust and communications infrastructure provider Crown Castle.  ( 1 min )

Amazon is set to sell Salesforce products on AWS to allow customers to easily integrate the CRM's artificial intelligence (AI) tech.  ( 1 min )

Shopify reported its merchants set a record $4.1 billion in sales the day after the U.S. Thanksgiving holiday.  ( 1 min )

The S&P 500 fell 0.2% on Monday, Nov. 27, 2023, down for only the second time in nine sessions, ahead of key inflation data coming this week.  ( 1 min )

U.S. equities were mixed and little changed on Monday, Nov. 27, 2023 ahead of key data on inflation set to be released later in the week.  ( 1 min )

Stock futures fell in premarket trading Monday as bond yields slipped at the start of the last week of what is shaping up to be equities' best month of the year.  ( 1 min )

Amazon and Walmart prepare for Cyber Monday ahead of projections for record spending on the shopping holiday and Disney shares fell after its film “Wish” fared poorly during the Thanksgiving box office weekend. Here’s what investors need to know today.  ( 1 min )

Terwijl het klimaat geen thema leek te zijn bij de verkiezingen, maakt drie op de vier Nederlanders zich druk om klimaatverandering. Vrouwen maken zich de meeste zorgen over de gevolgen ervan. Mannen bekommeren zich juist meer om de kosten van het klimaatbeleid.  ( 9 min )

PME verhoogt begin volgend jaar de pensioenen van 170.000 ex-medewerkers van onder meer autobouwers en elektrotechnische bedrijven. De uitkeringen gaan met 3,26 procent omhoog, maakt het fonds dinsdag bekend.  ( 9 min )

Modehuis Gucci heeft voor het eerst in zijn 102-jarig bestaan te maken met een staking van modeontwerpers. Ongeveer vijftig medewerkers hebben maandag het werk neergelegd uit onvrede met plannen om een groot deel van de ontwerpafdeling van Rome naar Milaan te verplaatsen.  ( 8 min )

Modehuis Gucci heeft voor het eerst in zijn 102-jarig bestaan te maken met een staking van modeontwerpers. Ongeveer vijtig medewerkers hebben maandag het werk neergelegd uit onvrede met plannen om een groot deel van de ontwerpafdeling van Rome naar Milaan te verplaatsen.  ( 8 min )

Meer dan 2,9 miljoen mensen hebben zondag in de Verenigde Staten na Thanksgiving het vliegtuig gepakt. De dag na de nationale feestdag zorgde voor de drukste dag ooit op de Amerikaanse luchthavens.  ( 8 min )

Voor pakketbezorgers is dit de drukste week van het jaar. Sinterklaas, Kerst en ook het koopfestijn Black Friday zorgen voor een enorme piek in het aantal pakketjes dat wordt besteld in Nederland. Hoe zorg je ervoor dat je pakketjes tóch op tijd binnen zijn?  ( 10 min )

Ruimtevaartuig Psyche is er eerder deze maand in geslaagd om over een afstand van 16 miljoen kilometer een bericht via een laserstraal naar de aarde te sturen. De succesvolle test is een belangrijke stap naar snel internet in de ruimte.  ( 11 min )

Bijna alle Nederlandse gemeenten hebben subsidie aangevraagd om meer huizen te kunnen isoleren. De landelijke subsidie is bedoeld voor de verduurzaming van verenigingen van eigenaren (vve's) en woningen van kwetsbare woningeigenaren. Het ministerie verwacht zo'n 200.000 huizen te kunnen opknappen.  ( 9 min )

De Verenigde Naties hebben opheldering gevraagd aan de Nederlandse overheid in het pfas-schandaal rondom Chemours. Afvalwater wordt vanuit de fabriek in Dordrecht naar een Chemours-vestiging in de Amerikaanse staat North Carolina verscheept, waar het de gezondheid van de bevolking zou schaden.  ( 9 min )

De Amerikaanse president Joe Biden komt niet naar de klimaattop die donderdag begint in Dubai. Klimaatgezant John Kerry zal wel aanwezig zijn op de COP28. Waarom Biden niet gaat, is niet bekend.  ( 8 min )

BpfBOUW verhoogt komend jaar de pensioenen niet. Dit komt doordat uit cijfers van statistiekbureau CBS zou blijken dat afgelopen jaar de gemiddelde prijzen niet omhoog zijn gegaan.  ( 9 min )

Als je een zorgverzekering afsluit via de gemeente ben je in de ene plaats soms honderden euro's per jaar duurder uit dan in de andere. Dat blijkt uit een vergelijking van Geld.nl. Ruim 700.000 Nederlanders verzekeren zich voor zorgkosten via de gemeente.  ( 9 min )

Woordvoerder Andy Stone van Facebook-moederbedrijf Meta wordt gezocht door de Russische autoriteiten. Waar de in Washington woonachtige Stone van wordt verdacht, is niet duidelijk.  ( 8 min )

Tientallen Amerikaanse staten beschuldigen socialemediabedrijf Meta van het illegaal verzamelen van persoonlijke data van kinderen jonger dan 13 op Instagram.  ( 9 min )

ASR heeft van verschillende bedrijven een bod ontvangen op Knab. De online bank is op dit moment in handen van de verzekeraar.  ( 8 min )

Klanten zijn in de supermarkt duurder uit doordat fabrikanten van A-merken het voor winkeliers onmogelijk maken om over de grens in te kopen. Ook andere ketens, zoals drogisterijen, doe-het-zelfzaken en elektronicaverkopers lopen hier tegenaan.  ( 10 min )

Communism and socialism are political and economic systems that are historically related but often confused with each other. Here's how they compare.  ( 28 min )

Today's best CD rate of 6.00% is available two ways: as a Cyber Monday deal from Alabama Credit Union or an offer from Securityplus Federal Credit Union that expires Thursday.  ( 19 min )

Form 1099-SA is the IRS form that you receive if you must include a distribution from certain medical savings accounts on your federal taxes.  ( 28 min )

Foxconn announced it would invest more than $1.5 billion in India as the major supplier of iPhones moves to expand its production outside of China.  ( 19 min )

The S&P 500 fell 0.2% on Monday, Nov. 27, 2023, down for only the second time in nine sessions, ahead of key inflation data coming this week.  ( 18 min )

The maker of the Roomba vacuum cleaner saw its shares fall roughly 17% after EU regulators questioned an acquisition by Amazon.  ( 17 min )

Anne Ackerley, the Head of Retirement at Blackrock, joins The Express to talk about how we have been behaving inside the $8.5 Trillion Asset Managers retirement plans and ETFs, and how those in or nearing retirement need to consider additional asset classes to make their money last.  ( 16 min )

Doug Boneparth, Jamie Hopkins and Peter Lazaroff climb back aboard The Express to share their views about what the words "retirement" and "wealth" mean today, and how investors should approach their goals given higher interest rates and the end of easy money.  ( 20 min )

If your IRAs contain both pretax and after-tax contributions, check the amounts of each to avoid getting a large tax bill when you convert to a Roth.  ( 28 min )

Amazon shares rose after announcing an expanded partnership with Salesforce and a report Amazon surpassed FedEx and UPS to become the biggest U.S. package delivery firm.  ( 18 min )

Trading volatility is an interesting idea, but current ETFs and ETNs do a fairly poor job of it.  ( 26 min )

Cyber Monday is delivering a deal for CD shoppers, with a freshly unveiled 6% offer you can only snatch up today. It's available to anyone nationwide for a 12-month term.  ( 16 min )

Form 709 is used to report transfers subject to federal gift tax and/or generation-skipping tax to the IRS.  ( 26 min )

Form 8949: Sales and Other Dispositions of Capital Assets is an Internal Revenue Service tax form used to report capital gains and losses from investments.  ( 24 min )

A government broker or GEMM is a British securities broker authorized to buy and sell government gilt securities.  ( 22 min )

Here are key differences between Bitcoin and Ripple's XRP, two of the most widely used cryptocurrency systems.  ( 34 min )

Ripple (XRP) is the native cryptocurrency for the payment system created by Ripple Labs Inc. Find out how to buy and invest in XRP.  ( 28 min )

U.S. automaker Tesla filed a lawsuit against the Swedish government after a postal workers strike in the country delayed delivery of license plates to the company.  ( 17 min )

Holiday shoppers are stretching their budgets by bargain hunting, and by using buy-now-pay-later services, early data from Black Friday retailers shows.  ( 19 min )

Even professional tax preparers can make mistakes. Make sure to choose a qualified tax advisor, but here's what to do in case a mess-up happens.  ( 25 min )

Learn about the main benefits of cost accounting systems, how they differ from financial accounting, and why they are important to businesses.  ( 22 min )

Working on Wall Street could mean you’re an investment banker, fund manager, or media star. Read what it takes to land a high-paying Wall Street job.  ( 29 min )

Find out how and when withdrawals from your traditional or Roth IRAs and 401(k)s affect your tax bracket and how to keep your tax rate low.  ( 30 min )

Here is how you can open a Roth IRA for a child or someone else—a gift that keeps on giving.  ( 26 min )

A payroll tax is a percentage withheld from an employee's salary and paid to a government to fund public programs. Learn more about payroll taxes here.  ( 26 min )

Semiconductors are an important global industry, and supply chain issues have caused a great deal of recent volatility in chip stocks.  ( 26 min )

A Roth IRA is a special individual retirement account (IRA) in which you pay taxes on contributions, and then all future withdrawals are tax-free.  ( 39 min )

The Howey test establishes four criteria to determine if crypto should be regulated as a security.  ( 29 min )

This article navigates the ins and outs of crypto due diligence and financial responsibility for financial advisors in the crypto market. It sheds light on advisors' fiduciary responsibilities, key risk areas, and essential due diligence practices.  ( 33 min )

Giving money can be a way to provide your loved ones with the means to get what they'd like or need. Learn about other assets you can give and how to give them.  ( 29 min )

Technical indicators are used by traders to gain insight into the supply and demand of securities. Here we look at seven such technical trading tools.  ( 28 min )

'De Minimis' means an investment adviser is exempt from registration if they have five or fewer clients over a 12-month period with a physical address.  ( 18 min )

First impressions count, so prepare well for your first meeting with a client. Get to know as much as you can about the person and be ready to answer questions.  ( 22 min )

When there are major occurrences in your life, adjust the tax withholding information on your W-4 to ensure that the appropriate amount of income is withheld for taxes.  ( 26 min )

New home sales for October came in at an annual rate of 679,000, but analysts were expecting to see that category of sales hit 725,000.  ( 18 min )

Amazon is set to sell Salesforce products on AWS to allow customers to easily integrate the CRM's artificial intelligence (AI) tech.  ( 17 min )

Activist investor Elliott Investment Management called for a shake-up in the leadership of real estate investment trust and communications infrastructure provider Crown Castle.  ( 17 min )

Learn what present value (PV) and future value (FV) are and how to calculate present value in Excel given the future value, interest rate, and period.  ( 24 min )

U.S. equities were mixed and little changed on Monday, Nov. 27, 2023 ahead of key data on inflation set to be released later in the week.  ( 17 min )

A hedge against inflation includes assets that often outperform during inflationary times. Read how gold, real estate, and bonds are inflation hedges.  ( 31 min )

Shopify reported its merchants set a record $4.1 billion in sales the day after the U.S. Thanksgiving holiday.  ( 17 min )

Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.  ( 26 min )

Rates on 30-year mortgages fell another few points Wednesday, dropping the average to within a few points of its two-month low. Rates on most loan types dipped or were flat.  ( 19 min )

Loose credit is the lowering of interest rates and usually is accompanied by a relaxation of lending standards by banks and other lending institutions.  ( 24 min )

An Employer Identification Number (EIN) is a unique number assigned to a business for easy IRS identification for tax reporting purposes.  ( 26 min )

The golden visa is a type of residency-by-investment program offered by several countries, allowing foreign nationals to obtain residency rights by making a significant investment in the country’s economy.  ( 27 min )

Bitcoin Ordinals enable assets to be issued on top of Bitcoin more efficiently. Users are split on whether they should exist.  ( 24 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 21 min )

Find information on taxation of foreign investments. Learn how the foreign tax credit enables you to deduct most of the tax you've paid abroad.  ( 26 min )

Shoppers in the U.S. could spend upwards of $12 billion online over Cyber Monday after online sales hit a record on Black Friday, according to Adobe Analytics.  ( 17 min )

Labor unions have existed in the U.S. for quite some time, but not all have been as successful as these three.  ( 25 min )

If you are a U.S. citizen or resident alien, your income–unless exempt–is subject to U.S. income tax, including income that is earned outside the U.S.  ( 25 min )

There are several ways to realize a decent return on investment on your unwanted pelt. Here is some information to help you.  ( 25 min )

In 2019, France faced three significant economic challenges: unemployment, lagging competitiveness, and sluggish growth.  ( 24 min )

Investment analysis is researching and evaluating a stock or industry to determine how it is likely to perform and whether it suits a given investor.  ( 24 min )

If you own property overseas, your U.S. tax benefits depend on how you use the property. Find out which tax deductions you can claim on foreign property.  ( 30 min )

Amazon and Walmart prepare for Cyber Monday ahead of projections for record spending on the shopping holiday and Disney shares fell after its film “Wish” fared poorly during the Thanksgiving box office weekend. Here’s what investors need to know today.  ( 18 min )

Selecting a mutual fund may seem daunting, but identifying your objectives and risk tolerance and understanding how fees work is half of the battle.  ( 31 min )

Millennials can take advantage of decades of tax-free earnings, and then tax-free withdrawals during retirement, with a Roth IRA.  ( 28 min )

Owners of small businesses have several choices when it comes to saving for retirement. When does it make sense to choose a solo 401(k) versus a SEP plan?  ( 23 min )

A tax shelter is a vehicle used by taxpayers to minimize or decrease their taxable incomes and, therefore, tax liabilities.  ( 27 min )

The tax savings of non-qualified deferred compensation plans are not the only tax-related fact you need to know before signing up for one.  ( 26 min )

Find out which is more fair: flat tax or progressive tax. Learn about both sides of the debate and the challenges of defining "fair."  ( 25 min )

Deadweight loss of taxation is a measurement of the economic loss that can be caused by a tax due to its damaging effects on supply and demand.  ( 26 min )

Federal employees and military personnel can choose to save for retirement through a Roth TSP or a Roth IRA. Here's how they differ.  ( 33 min )

Opening a wealth management firm is a complex process. By keeping these rules in mind, financial advisors can increase the odds of success.  ( 22 min )

The 403(b) plan is less understood than the more popular 401(k) plan, but they share some similarities.  ( 23 min )

SIMPLE IRAs and SIMPLE 401(k)s can be good options for employers to offer, under some circumstances.  ( 23 min )

The Bureau of Labor Statistics’ core personal-consumption expenditures price index for October, the Federal Reserve’s preferred inflation measure, comes out Thursday.  ( 21 min )

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China's market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore's Panthera Growth Partners leading the latest round, along with participation from Alteria Capital, xto10x Technologies, and Green Frontier Capital — the startup's existing investor. The demand for e-bikes is growing in markets beyond China and India as people seek to reduce their reliance on fossil fuels, ease traffic congestion on the roads and find alternative transportation options that do not require rigorous physical activity throughout their daily commute.  ( 35 min )

(Bloomberg) -- Cash-strapped Chinese borrowers are losing another funding avenue, as default jitters rock a market that relies on quasi guarantees from banks for repayment. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassIsrael, Hamas Look to Extend Truce After More Hostages Are  ( 35 min )

The $7.6 trillion that is coming due in the coming year represents 31% of the outstanding total, according to Apollo's chief economist.  ( 34 min )

Top strategists and money managers share investment ideas and themes to consider for 2024.  ( 38 min )

He sticks to these four indicators regardless of his strategy. His versatile approach has allowed him to remain profitable in different markets.  ( 37 min )

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See how much you should have saved by 30, plus expert advice about how to prioritize retirement savings, emergency funds, and paying off high-interest debt.  ( 36 min )

(Bloomberg) -- The world’s biggest bond market has clawed its way back after spending chunks of 2023 underwater. Now many US debt watchers see the pathway clearing for a real revival. Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child  ( 36 min )

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EV leader Tesla hosts its highly anticipated Cybertruck launch event on Nov. 30.  ( 33 min )

Use this Roth IRA calculation method to determine your contribution limits for tax purposes.  ( 28 min )

Taxes are unavoidable but that doesn't mean you have to pay more than you owe. What happens to your tax liability with proper financial planning? The simple answer is that it can allow you to minimize what you owe while … Continue reading → The post What Happens To Your Tax Liability With Proper Financial Planning? appeared first on SmartAsset Blog.  ( 37 min )

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I'm afraid of the stock market. With my first investment, I lost 60% of my money. So I'm strictly into bonds. With interest rates low, what's your advice? Should I stay or try something else? -Jerold It's reasonable to be … Continue reading → The post Ask an Advisor: ‘I'm Strictly Into Bonds' and Afraid of the Stock Market. Is This a Strategy I Should Stick With? appeared first on SmartAsset Blog.  ( 35 min )

I'm constantly losing money on stock and cryptocurrency investments. And I paid for the advice that has given me the information that I've used to do this. For example, I was told to buy SoFi and lost money the whole … Continue reading → The post Ask an Advisor: I'm Losing Money on Investments. How Can My Advisor Let This Happen? appeared first on SmartAsset Blog.  ( 37 min )

If you contribute to a tax-advantaged retirement account at work or a traditional IRA, Required Minimum Distributions (RMDs) are something you'll need to factor into your financial plan. These distributions are minimum amounts you're required to withdraw from your retirement … Continue reading → The post Is an RMD Needed If You're Still Working? appeared first on SmartAsset Blog.  ( 36 min )

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(Bloomberg) -- Signa is holding last-ditch talks with investors, hoping to secure a funding lifeline and avoid a wave of insolvencies in the €23 billion ($25 billion) property empire.Most Read from BloombergRussia Downs Ukrainian Drones Across Regions Including MoscowChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pn  ( 35 min )

The economic outlook and the national mood aren't matching up as we head toward year's end. Inflation, interest rates are easing. But we're grumpy.  ( 35 min )

Savings is as crucial as ever while we deal with life changes and our needs for the future. Here are some essential steps to get started now.  ( 23 min )

Coming up this week: the PCE inflation index, more tech and retail earnings, and consumer confidence  ( 22 min )

The latest reading of the Fed's preferred inflation measure will serve as the main highlight for investors in the week ahead.  ( 37 min )

The latest reading of the Fed's preferred inflation measure will serve as the main highlight for investors in the week ahead.  ( 37 min )

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(Bloomberg) -- HTX, the crypto exchange linked to digital-asset entrepreneur Justin Sun, has fully reinstated Bitcoin deposits and withdrawals after suffering a hacking attack, Sun said.Most Read from BloombergRussia Suffers Heavy Drone Attack Including Strikes on MoscowMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesHamas Releases Second Group of Hos  ( 33 min )

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From overseeing RTO plans to being put on the chopping block, middle managers are not okay.  ( 34 min )

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Citizens Financial is scooping up bankers from First Republic. Executives say they will copy only the good parts of the failed bank.  ( 28 min )

The litigation that could end up changing how millions of Americans buy and sell homes was hiding in plain sight for three decades.  ( 28 min )

Consumers are shifting away from store-branded credit cards, which have been lucrative for retailers.  ( 30 min )

Some analysts see the investor balances in money-market funds as a bullish sign for stocks and bonds.  ( 26 min )

An increasing pressure, from both social and political directions, has combined to boost clean and renewable energy providers, including residential scale solar installation providers. Residential solar offers several benefits to the customer, including grid-independent home power and an ability to sell electricity back to the utility provider. Yet, the residential solar business has faced strong headwinds in the last year or more, due to high interest rates increasing the cost of financing the  ( 37 min )

(Bloomberg) -- ESG fund managers who turned to big tech as a low-carbon, high-return bet are growing increasingly anxious over the sector’s experimentation with artificial intelligence.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Releases Second Group of Hostages Following DelaysHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Tru  ( 37 min )

Huawei has joined with Chinese carmaker Chongqing Changan Automobile to set up a company engaged in the research and development, design, and sales of intelligent automotive systems and component solutions, according to a Sunday filing on the Shenzhen Stock Exchange. "The two parties will jointly support the target company to become an industry leader in automotive intelligent systems and component solutions based in China," the filing from Changan Auto said.  ( 33 min )

InvestingPro subscribers always get first dibs on market-moving AI analsyt comments.  ( 35 min )

The rise of generative artificial intelligence heralds a new stage of the Industrial Revolution. This phase will be just as disruptive---and transformative---as the previous ones.  ( 30 min )

Investing.com -- With investors on tenterhooks over when global interest rates might start to fall, upcoming inflation data this week will be in focus. OPEC+ meets to discuss oil output cuts and data from China will give fresh insights on the economic outlook for the world’s number-two economy. Here’s what you need to know to start your week.  ( 36 min )

The China megabank bought its U.S. broker-dealer 13 years ago for practically nothing. It got more than it bargained for.  ( 30 min )

Salzgitter CEO says steel and chemicals producers must commit to country, despite high energy costs  ( 4 min )

US exchange lists new options tracking gold, oil and Treasury ETFs  ( 6 min )

There is growing concern that remote workers are offering their services elsewhere  ( 4 min )

Industry experts weigh in on which designations offer the most opportunities for financial professionals.  ( 20 min )

(Bloomberg) -- Emerging-market stocks and currencies are heading for their best month since January, but there are major pitfalls ahead that could derail the rally. Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Releases Second Group of Hostages Following DelaysHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Truce HoldsThe headwind  ( 36 min )

Withholding tax is income tax that is withheld from an employee's wages and paid directly to the government by the employer.  ( 30 min )

The key difference between deferred compensation plans and 401(k)s is the amount of money that can be saved for retirement.  ( 23 min )

A side-by-side comparison of the features of SEP IRAs and Roth IRAs.  ( 22 min )

A 403(b) plan and a Roth IRA are both vehicles used for retirement savings. Learn the definitions and differences between the two.  ( 27 min )

Use this Roth IRA calculation method to determine your contribution limits for tax purposes.  ( 28 min )

Inheritance tax is a tax imposed on those who inherit assets from an estate. Learn who must pay inheritance taxes and how they are calculated.  ( 28 min )

Savings is as crucial as ever while we deal with life changes and our needs for the future. Here are some essential steps to get started now.  ( 23 min )

Industry experts weigh in on which designations offer the most opportunities for financial professionals.  ( 20 min )

Schiphol heeft Pieter van Oord zondag benoemd tot topman. Hij is de opvolger van Ruud Sondag, die sinds november vorig jaar interim-CEO was.  ( 4 min )

Het is nauwelijks meer te doen om AI-foto's van echt te onderscheiden. Mensen bestempelen gegenereerde nepgezichten inmiddels vaker als echt dan daadwerkelijk menselijke foto's. Deze ontwikkeling levert problemen op: binnenkort kun je je ogen niet meer geloven.  ( 11 min )

Het is nauwelijks meer te doen om AI-foto's van echt te onderscheiden. Mensen bestempelen gegenereerde nepgezichten inmiddels vaker als echt dan daadwerkelijk menselijke foto's. Deze ontwikkeling levert problemen op: binnenkort kun je je ogen niet meer geloven.  ( 11 min )

Woordvoerder Andy Stone van Facebook-moederbedrijf Meta wordt gezocht door de Russische autoriteiten. Waar de in Washington woonachtige Stone van wordt verdacht, is niet duidelijk.  ( 8 min )

De politie in China doet onderzoek naar Zhongzhi, een grote vermogensbeheerder die afgelopen week al waarschuwde voor grote financiële problemen. Het bedrijf, dat opereert als een zogenoemde schaduwbank, zei toen dat ze zo'n 60 miljard euro aan betalingsachterstanden hebben.  ( 8 min )

Tientallen Amerikaanse staten beschuldigen socialemediabedrijf Meta van het illegaal verzamelen van persoonlijke data van kinderen jonger dan 13 op Instagram.  ( 9 min )

Scheepsbouwer Damen Shipyards heeft een opdracht gekregen van de Portugese marine voor het ontwerp, de bouw en uitrusting van een multifunctioneel schip. Het is het eerste schip ter wereld dat oceaanonderzoek combineert met de inzet van drones, maakte het in Gorinchem gevestigde concern bekend.  ( 8 min )

Door Europese renteverhogingen wordt geld lenen steeds duurder. Ook in 2024 gaan rentes weer omhoog. Daarom is het extra goed om op te letten als je even rood staat of een lening afsluit om een grote aankoop te betalen.  ( 11 min )

A large swath of China's US-bond holdings is not accounted for in official Treasury data, Brad Setser wrote for the Council on Foreign Relations.  ( 34 min )

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(Bloomberg) -- Inflation gauges in the US and euro zone are set to show the smallest annual increases since early or mid-2021, reinforcing sentiment that interest rates won’t be raised again.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Releases Second Group of Hostages Following DelaysHamas Frees 24 Hostages From Gaza as Isra  ( 37 min )

Employers must make contributions to a SEP IRA by the tax-filing deadline for the year in which they are made.  ( 23 min )

Retailers are hoping promotions lure in cautious customers this holiday season.  ( 36 min )

(Bloomberg) -- Chinese authorities said they recently opened criminal investigations into the money management business of Zhongzhi Enterprise Group Co., days after the embattled shadow banking giant revealed a shortfall of $36.4 billion in its balance sheet.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From  ( 35 min )

When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 36 min )

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I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )

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People who are highly optimistic, forward-looking with high financial literacy, and focus more on rewards than risks tend to have higher retirement savings than those on the opposite end of the spectrum.  ( 37 min )

When it comes to saving for retirement, 401(k) plans are a popular choice for many American workplaces. Contributing to a 401(k) not only helps you save for retirement but offers the added bonus of reducing your adjusted gross income and lowering your tax liability for the year. A financial advisor can help you determine how […] The post Do 401(k) Contributions Reduce Your AGI? appeared first on SmartReads by SmartAsset.  ( 35 min )

A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to the standard 401(k) plans often offered at larger workplaces, one-participant 401(k)s allow solo business owners to exceed the contribution limits that other plans are subject to. Consider speaking with a financial advisor if […] The post Contribution Limits for a One-Participant 401(k) appeared first on SmartReads by SmartAsset.  ( 35 min )

Roth IRAs offer a tax-advantaged way to save for retirement, and they’re a popular choice among investors. However, understanding how Roth IRA contributions are taxed is crucial for making informed financial decisions. Let’s break down the marginal tax rate, compare Roth IRAs to traditional IRAs, delve into the taxation of Roth IRA contributions and examine […] The post How Roth IRA Contributions Are Taxed appeared first on SmartReads by SmartAsset.  ( 36 min )

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When it comes to retirement, understanding the potential cost of living is important for effective financial planning. Without a clear idea of these costs, you can run the risk of outliving your savings or compromising your lifestyle. Here’s what you need to know to calculate your retirement cost of living. A financial advisor can help […] The post How to Calculate Your Retirement Cost of Living appeared first on SmartReads by SmartAsset.  ( 37 min )

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Some Democratic states and cities want to ban gas stoves and other appliances, but utilities say they need to invest in their aging gas infrastructure.  ( 29 min )

Homebuyers have been suffering the slings and arrows of outrageous fortune of late.  ( 35 min )

The classic 60-40 portfolio was never meant to be the end-all, be-all portfolio—it’s just “a good starting place," according to Vanguard's Todd Schlanger.  ( 37 min )

Credit-card utilization and delinquency rates are on the rise.  ( 28 min )

(Bloomberg) -- A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity surveys showed.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Says Next Hostage Release to Israel Is Back On After DelayHamas Frees 24 Hostages From Gaza as Israel Truce HoldsModi’s Nation-Building Push Sparks $125 Billion Ral  ( 35 min )

On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. USD-denominated funds in China have long been drawing inspiration from Silicon Valley startups, using them as benchmarks for investment targets back home.  ( 38 min )

Negative news and a share-price slump have reignited calls for the German crop-and-pharmaceutical group to spin off businesses.  ( 29 min )

More than 100 brands have pulled their ads from X, according to The New York Times.  ( 34 min )

Tesla and Bitcoin-related stocks are powering up a meme-themed ETF. Why AMC and Gamestop aren't helping.  ( 27 min )

DigitalOcean (NYSE:DOCN), a leading American cloud provider helping start-ups and small and medium-sized businesses (SMBs) scale cloud-stored data, is capitalizing on the AI revolution in cloud computing. DOCN is a growth-focused opportunity that is still trading below its Q2 peak while making waves in the increasingly demanding AI and machine learning (ML) arenas. Strategic initiatives, impressive earnings, and an imminent leadership change present a bullish growth opportunity I wouldn’t want t  ( 35 min )

The collapse of Southland Royalty, a private equity-backed oil-and-gas explorer that owned fields in Wyoming’s Green River basin and New Mexico’s San Juan Basin, in early 2020, was unremarkable in many ways.  ( 40 min )

Insiders and investors say the bank’s board, headed by Urs Rohner, was ultimately responsible for its fate.  ( 28 min )

The consensus forecast is a mild US recession with bonds becoming more attractive  ( 4 min )

If you’re married filing separately, living together or apart affects whether (or how much) you can put in an IRA and what the deductible is.  ( 28 min )

Semiconductor and infrastructure software company Broadcom’s (NASDAQ:AVGO) stock skyrocketed 79% YTD on the back of the AI wave. Investor sentiment remains buoyant, fueled by the long-term potential AI offers chip stocks. While chip demand for personal computing and smartphones has been lukewarm this year, most analysts believe Q4 will be favorable. Broadcom’s strategic investments and commitment to AI make me bullish on AVGO’s stock. Outstanding Growth Trajectory Broadcom has emerged as a key p  ( 36 min )

Trans Mountain said it booked a net loss in the third quarter because of a goodwill impairment charge.  ( 28 min )

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Brennan and Erin Schlagbaum, who paid off more than $300,000 of debt and hit a seven-figure net worth, share the three index funds they invest in.  ( 36 min )

The housing sales slowdown will last awhile, as no one is selling their home unless they absolutely have to, according to Redfin's CEO.  ( 34 min )

Independent broker-dealers are a great choice for experienced, self-starter planners who have established practices.  ( 19 min )

U.S. citizens and resident aliens with foreign income can claim the foreign tax credit to offset income taxes paid abroad and limit double taxation.  ( 27 min )

A full-time student is a legal tax status important for determining exemptions. Learn how your status as a full-time student impacts college financial aid.  ( 27 min )

Employers must make contributions to a SEP IRA by the tax-filing deadline for the year in which they are made.  ( 23 min )

Business expenses are costs incurred in the ordinary course of business. Business expenses are tax-deductible and are always netted against business income.  ( 24 min )

Earned income includes wages, salaries, bonuses, commissions, tips, and net earnings from self-employment. On your taxes, it is treated differently than unearned income.  ( 28 min )

Billionaire rapper and entrepreneur Jay-Z sat down with CBS Mornings' co-host, Gayle King, in a rare interview that aired on CBS last week. He has a net worth of $2.5 billion as of November 2023 and has amassed his wealth over the years through music and a series of successful investments.  ( 22 min )

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how to fill out the form.  ( 29 min )

For 2023 taxes filed in 2024, the Child Tax Credit is $2,000 for children under age 17. Up to $1,600 of that amount is refundable. Learn what it means for your taxes.  ( 28 min )

The Additional Child Tax Credit is the refundable part of the Child Tax Credit. The refundable credit was revamped under the Tax Cuts and Jobs Act.  ( 28 min )

Read about the causes of currency devaluation and how to differentiate between relative and absolute currency devaluation.  ( 24 min )

A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 33 min )

Donating to charity is a great way to show your giving spirit and save money on your taxes at the same time.  ( 26 min )

If you’re married filing separately, living together or apart affects whether (or how much) you can put in an IRA and what the deductible is.  ( 28 min )

The Canada Revenue Agency (CRA) or Agence du Revenu du Canada is the federal department that collects taxes and administers the tax laws of Canada.  ( 26 min )

A withholding is the portion of an employee's wages that is sent directly to government tax authorities as payment of estimated taxes.  ( 25 min )

Scheepsbouwer Damen Shipyards heeft een opdracht gekregen van de Portugese marine voor het ontwerp, de bouw en uitrusting van een multifunctioneel schip. Het is het eerste schip ter wereld dat oceaanonderzoek combineert met de inzet van drones, maakte het in Gorinchem gevestigde concern bekend.  ( 8 min )

Vijf dagen lang was Sam Altman geen directeur van OpenAI. En toen was hij het weer wel. Een week geleden vond de grootste techsoap van dit jaar plaats. Nog steeds is niet helemaal duidelijk wat er nou precies is gebeurd.  ( 11 min )

Het aantal burgers uit de Europese Unie dat door het Verenigd Koninkrijk wordt geweigerd is vervijfvoudigd sinds de Brexit, blijkt uit cijfers van het Britse ministerie van Binnenlandse Zaken.  ( 10 min )

Black Friday heeft miljoenen transacties opgeleverd: winkels en online shops verkochten dit jaar meer dan ooit. Volgens betaalplatform iDEAL is een recordaantal van 7,1 miljoen betalingen verricht.  ( 8 min )

Black Friday heeft miljoenen transacties opgeleverd: winkels en online shops verkochten dit jaar meer dan ooit. Volgens betaalplatform iDEAL is een recordaantal van 7,1 miljoen betalingen verricht.  ( 8 min )

Vijf dagen lang was Sam Altman geen directeur van OpenAI. En toen was hij het weer wel. Een week geleden vond de grootste techsoap van dit jaar plaats. Nog steeds is niet helemaal duidelijk wat er nou precies is gebeurd.  ( 11 min )

In de Britse bankensector is een nieuwe ontslaggolf aanstaande. Verschillende media melden dat bij Lloyds Banking 2.500 banen dreigen te verdwijnen, terwijl bij Barclays mogelijk 2.000 banen worden geschrapt.  ( 9 min )

Woningen met een groen energielabel worden steeds gewilder en duurder. Daarom kan het verleidelijk zijn om voor de verkoop nog snel wat isolatie aan te brengen. Maar niet elke investering is het waard.  ( 11 min )

Nieuwe smartphones worden steeds duurder. Ook dalen ze na introductie minder snel in prijs. Vijf jaar geleden was een telefoon drie maanden na introductie al honderden euro's goedkoper. Nu moet je een half jaar wachten op een gunstiger prijskaartje.  ( 11 min )

Shares of Roomba-maker iRobot closed up nearly 40% on Friday following a report that Amazon's acquisition of the company is set to be approved by European regulators.  ( 34 min )

Theme park businesses have been under quite a bit of pressure in recent years. From the pandemic lockdown days to scorching-hot levels of inflation, it’s about time that some of the industry’s major players joined forces to unlock big value and curb costs. For Six Flags (NYSE:SIX) and Cedar Fair (NYSE:FUN), the merger seems to be a match made in heaven that could help the combined entity put up a better fight against rivals. As such, I’m bullish on both stocks ahead of the proposed merger. Undou  ( 36 min )

A majority of OpenAI board members seemed increasingly uneasy about Sam Altman’s plans to build a big business. Investors do not share their qualms.  ( 37 min )

Musk backing an antisemitic post on the platform last week has led several companies including Walt Disney and Warner Bros Discovery to pause their advertisements on the site formerly called Twitter. X has struck back and sued media watchdog group Media Matters, alleging the organization defamed the platform with a report that said ads for major brands including Apple and Oracle had appeared next to posts touting Adolf Hitler and the Nazi party.  ( 33 min )

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Today's best nationwide CD rates include 6.00% from Securityplus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 21 min )

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The stock market seems to have some real momentum behind it, momentum that could turn a Thanksgiving upturn into a full-blown end-of-year rally.  ( 34 min )

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(Bloomberg) -- Brazil’s state-controlled oil giant Petrobras announced a 31% increase to its five-year investment plan in a major shift away from the cost-control strategy that had prevailed under previous management.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Frees 24 Hostages From Gaza as Israel Truce Holds‘Fear Gauge’ Hits 2020 Low as Stocks Up This Week: Markets WrapXi Tolerance for  ( 35 min )

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JPMorgan Chase & Co. (NYSE:JPM), the world's largest publicly traded bank by market cap, issues market and stock predictions throughout the year. The bank has a cautious outlook on the economy for 2023, as it expects the Federal Reserve to raise the benchmark interest rates again in the near term. While the inflation levels remained flat in October, raising hopes regarding a pause on further rate hikes, JPMorgan CEO Jamie Dimon expects the Fed to resume rate hikes next year. "Personally, I think  ( 36 min )

Several previously beaten-down sectors have been among the rally’s biggest gainers.  ( 30 min )

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KPMG has frozen the salaries for 12,000 workers across the UK as “Big Four” firms continue to grapple with the sharp slowdown in the deals market.  ( 33 min )

The fresh suits come a week after he settled a separate case with a former girlfriend.  ( 27 min )

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(Bloomberg) -- It’s the major casualty of November’s sizzling stock rally: Investor caution.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Frees 24 Hostages From Gaza as Israel Truce Holds‘Fear Gauge’ Hits 2020 Low as Stocks Up This Week: Markets WrapSandy Hook Families Offer Alex Jones Two Ways Out of BankruptcyThanks to what’s shaping up to be one of the biggest market meltups over the la  ( 36 min )

A lawsuit challenging Vanguard's handling of changes to its target-date retirement funds is moving forward. At the end of 2020, Vanguard lowered the minimum investment in the institutional versions of its targe  ( 24 min )

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Time is running out for container lines as contract rate renewal season nears and spot rates fail to recover. The post ‘Dire’ scenario for shipping lines more likely as spot rates fall back appeared first on FreightWaves.  ( 35 min )

Coinbase shares took off along with the price of Bitcoin, and as the exchange benefited from a legal settlement by larger rival Binance.  ( 19 min )

Stocks teetered on both sides of the flat line amid a holiday-shortened session.  ( 35 min )

The US dollar has initially fallen a bit against the Japanese yen during the trading week, testing the ¥147.80 level. At this point, the market has turned around for a massive hammer.  ( 34 min )

As the holiday season begins, people are ramping up their shopping lists ahead of Christmas. With the Federal Reserve holding the benchmark interest rates steady, overall spending levels are expected to remain robust in the upcoming months as people gear up for major sale days such as Black Friday or Boxing Day. The National Retail Federation (NRF) expects total sales in November and December to rise by 3% to 4% year over year, in line with the average holiday spending growth rate of 3.6% betwee  ( 36 min )

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Stocks teetered on both sides of the lat line amid a holiday-shortened session ahead.  ( 35 min )

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I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 37 min )

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Microsoft Corp. Co-Founder Bill Gates is celebrated for his monumental role in the tech world and is known as one of the planet's wealthiest people. Yet, an intriguing “what-if” scenario arises: Had he “diamond-handed” his Microsoft shares — a term in finance meaning to hold onto assets through market ups and downs — his wealth might have soared to unmatched levels. A resurfaced article from 2021 amplifies this speculation: What if Gates had kept his initial Microsoft stakes? Could he have outpa  ( 36 min )

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Nvidia shares slipped on word the chipmaker delayed the launch of a new AI semiconductor designed to comply with new U.S. export rules.  ( 19 min )

(Bloomberg) -- In the blink of an eye, Argentine President-elect Javier Milei pivoted away from advisers advocating for his most dramatic campaign promises, choosing Wall Street veterans closer to former leader Mauricio Macri.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageXi Tolerance for Property Pain Nears Limit as Rescue EmergesBond Rally Shows Signs of Stalling as Stocks Waver: Markets WrapDublin Night of Riots Leaves City With Trail of Destr  ( 35 min )

(Bloomberg) -- Walgreens Boots Alliance Inc.’s international unit Boots is transferring its $6 billion (£4.8 billion) pension plan to a financial services company, a deal that could pave the way for a sale of the pharmacy chain.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageXi Tolerance for Property Pain Nears Limit as Rescue EmergesBond Rally Shows Signs of Stalling as Stocks Waver: Markets WrapDublin Night of Riots Leaves City With Trail of Des  ( 34 min )

(Bloomberg) -- iRobot Corp., the vacuum-cleaner maker that Amazon.com Inc. is proposing to buy in a billion-dollar deal, soared by the most in nearly three years on a report that European Union regulators plan to clear the merger.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageXi Tolerance for Property Pain Nears Limit as Rescue EmergesBond Rally Shows Signs of Stalling as Stocks Waver: Markets WrapDublin Night of Riots Leaves City With Trail of D  ( 34 min )

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Business activity held steady in November, but employment in the private sector declined for the first time in almost three-and-a-half years.  ( 34 min )

Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago. The investment giant -- which sold a stake worth $36 million in Paytm in 2021, at a profit -- sold its remainder position on Friday for $121.6 million, according to disclosure by the local Indian stock exchange. Berkshire secured a return of $157 million on its ~$260 million investment in Paytm.  ( 34 min )

Stocks teetered on both sides of the lat line amid a holiday-shortened session ahead.  ( 34 min )

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Freight brokerages typically can stay afloat during trucking recessions. But the ongoing, severe downturn has slammed third-party logistics companies. The post The biggest freight brokerage layoffs and bankruptcies in 2023 appeared first on FreightWaves.  ( 39 min )

"Thrifty behavior has been climbing up the income ladder," reads a note from Morgan Stanley.  ( 35 min )

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Amazon's $1.4 billion deal to buy smart vacuum cleaner company iRobot is set to win full EU antitrust approval, according to a report.  ( 19 min )

OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, three OPEC+ sources told Reuters, after disagreements over those targets forced the group of oil-producing nations to postpone a key meeting. OPEC members Angola and Nigeria were aiming for a higher oil output allowance, officials told Reuters on Thursday. The postponement of the meeting of Organization of the Petroleum Exporting Countries and allies such as Russia, known as OPEC+, from Nov. 26 to Nov. 30 sent oil prices sharply lower.  ( 33 min )

Artificial intelligence, AI, has been a staple of science fiction for decades, but it has been making waves in the real world for quite some time. Numerous advanced technologies, from autonomous vehicles to CT and MRI scanning, depend on AI to function. Moreover, over the past year, generative AI has gained substantial popularity, particularly since the ChatGPT bot showcased how the technology can replicate human interaction in our online communication. It’s not quite Data from Star Trek, but AI  ( 38 min )

An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong quarterly results by chipmaker Nvidia and rising optimism that U.S. interest rates have peaked. The Global X Robotics & Artificial Intelligence ETF received $35.5 million in net inflows in the week ending on Wednesday, its strongest since June earlier this year, according to Lipper data. The growing prospect of a rapid flip to rate cuts by the Federal Reserve next year also has driven investors into beaten-down Treasuries, pushing Treasury yields down and boosting rate-sensitive technology and growth stocks.  ( 34 min )

The U.S. has built a fortress to keep out Chinese EVs, even as millions sell around the world.  ( 28 min )

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Nvidia stock has more than tripled this year but it can’t seem to break above the $500 mark. Even another stellar set of quarterly earnings couldn’t make it happen.  ( 22 min )

Nvidia told customers in China that it will delay the launch of its new artificial intelligence chip until 2024 and General Motors will scale back its plans for its Cruise robo-taxi service. Here’s what investors need to know today.  ( 18 min )

Stocks struggled to hold onto pre-Thanksgiving Day gains with a holiday-shortened session ahead.  ( 34 min )

OpenAI crossed the Rubicon this past week—going back to the way things simply is no longer an option and teams may now scatter to the wind.  ( 36 min )

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The main three U.S. stock indexes are set for their fourth consecutive weekly gains, driven by hopes that the Federal Reserve is done hiking interest rates and signs the U.S. economy remains resilient. The benchmark S&P 500 is about 1% away from setting a new high for the year.  ( 34 min )

The S&P 500's gains may no longer just be down to the Magnificent Seven megacaps, bolstering hopes for a rally through year-end.  ( 36 min )

When it comes to picking potential retail winners this holiday season, you must get a sense of a couple key metrics.  ( 37 min )

Buying vehicles directly from consumers improves profit margins and allows dealers to reduce prices, finance chiefs say.  ( 27 min )

After a summer of spending on experiences, Americans are on the hunt for deals. This year’s Black Friday features cheaper prices than a year ago, with many retailers expecting a cautious-but-strong consumer this holiday s  ( 25 min )

Walmart is well-positioned for the holiday season, according to an analyst, as Black Friday kicks off, and a report says Nvidia is delaying the launch of a new artificial-intelligence chip.  ( 23 min )

(Bloomberg) -- Italian telecom operator Fastweb is exploring a potential deal for Vodafone Group Plc’s Italian operations, according to people with knowledge of the matter. Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsIsrael-Hamas War Truce to Begin Fri  ( 34 min )

(Bloomberg) -- Investors flocked into equities at the fastest pace in almost two years, according to Bank of America Corp.’s Michael Hartnett, as wagers of peak interest rates grow.Most Read from BloombergMarkets Cheer as Milei Drops Dollarization for Macri BrassEverything You Need to Know About China’s Child Pneumonia OutbreakHamas Frees 24 Hostages From Gaza as Israel Truce Holds Steady‘Fear Gauge’ Hits 2020 Low as Stocks Up This Week: Markets WrapXi Tolerance for Property Pain Nears Limit as  ( 34 min )

A new report predicts up to $70 billion could pour into Bitcoin if a spot ETF is approved.  ( 33 min )

We asked five financial advisors to share their most surprising year-end financial-planning or investing tips.  ( 34 min )

Volkswagen said on Friday it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs, as the German company seeks to regain lost ground in the world's biggest auto market. The new architecture, known as the A Main Platform, will be made specifically to Chinese consumer tastes with regards to the battery, electric drive and electric motor, China chief Ralf Brandstaetter told reporters during a visit to its new EV development and procurement centre in the central city of Hefei. Derived from the so-called modular electric drive matrix (MEB), Volkswagen's existing electric-only platform in use since 2019, it will primarily use Chinese suppliers and should be ready for market in 2026, a third faster than previous platform development times, he added.  ( 35 min )

Saudi Arabia may want to cut oil production further, but it will take political finesse.  ( 30 min )

(Bloomberg) -- Shares in Asia were mixed while Treasuries fell after declines in European bonds, eroding a November rally in US debt. Oil extended losses.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsIsrael-Hamas War Truce to Begin Friday Morning, Qatar  ( 35 min )

NVIDIA is facing a lawsuit filed by French automotive company Valeo after a screensharing blunder by one of its employees.  ( 35 min )

The term premium is defined as the added yield or return investors demand for bearing the risk associated with holding longer-term debt.  ( 25 min )

The Magnificent Seven have rallied 107% this year versus 3% for an equally weighted version of the S&P 500. Why smaller tech stocks are poised for the next big move.  ( 30 min )

DraftKings stock has been a good bet all year but ARK Invest's Cathie Wood seems to think the odds of the rally continuing don’t look great.  ( 21 min )

(Bloomberg) -- China is ramping up pressure on banks to support struggling real estate developers, signaling President Xi Jinping’s tolerance for property sector pain is nearing its limit. Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsIsrael-Hamas War Tr  ( 37 min )

(Bloomberg) -- Treasuries fell as they reopened after Thanksgiving, following a slide in European bonds that was caused by concerns of a burgeoning supply and the potential that central banks will keep rates higher for longer. Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest  ( 33 min )

Brennan Schlagbaum is maxing out his HSA each year, not touching the money, and letting it grow tax-free over time.  ( 36 min )

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While the market expects some cutbacks, it could go even deeper, says Anas Alhajji.  ( 35 min )

(Bloomberg) -- While Cathie Wood has been touting her bullish stance on Bitcoin in recent months, her firm ARK Investment Management actually cut holdings in the Grayscale Bitcoin Trust.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsAsia Stocks Set to Ope  ( 33 min )

The Indian rupee ended at a record closing low on Friday, weighed down by weakness in its Asian peers and dollar demand from foreign banks. Foreign banks were seen bidding for U.S. dollars on Friday, likely on behalf of custodial clients, a foreign exchange trader at a private bank said. Asian currencies edged lower as well, with the Thai baht and Korean won leading losses, falling 0.6% and 0.5%, respectively.  ( 34 min )

Brent crude futures rose in early Asian trade on Friday, reversing losses in the previous session as traders speculated on whether OPEC+ would come to an agreement on further production cuts. Brent crude futures gained 29 cents, or 0.4%, to $81.71 at 0213 GMT, after settling down 0.7% in the previous session. The Organization of Petroleum Exporting Countries and allies, together known as OPEC+, surprised the market with an announcement on Wednesday that it would postpone a ministerial meeting by four days to Nov. 30, after producers struggled to come to a consensus on production levels.  ( 34 min )

What do financial certifications actually mean? We decode the meaning of the many letters that can follow the names of finance professionals.  ( 28 min )

Today's best nationwide CD rates include 6.00% from Securityplus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 20 min )

From SEO strategies to thought leadership and and a digital presence, to the right marketing mix for your budget, these approaches can help you grow your practice.  ( 24 min )

Filing for a tax extension allows you to get extra time to file your tax return. But be warned, even if you extend your filing deadline, you still need to pay on time.  ( 31 min )

Form 8949 is a required addition to your annual tax return when you have sold capital assets such as stocks at a profit or a loss during the year.  ( 29 min )

Form 1041 is an IRS tax return to report income generated by assets held in an estate or trust.  ( 27 min )

The reasons for a delay in getting your tax refund can range from incorrect information on your tax forms to a debt offset or even identity theft.  ( 27 min )

Tax deductions can lower your taxable income and save you money when you file your tax return. See how much you can lower your tax bill with these tax write-offs.  ( 31 min )

U.S. equities were mixed and little changed, with the S&P 500 up 0.06%, on the shortened Black Friday trading session following the Thanksgiving holiday.  ( 16 min )

Coinbase shares took off along with the price of Bitcoin, and as the exchange benefited from a legal settlement by larger rival Binance.  ( 17 min )

Shares of Apple Inc. fell about 1% Friday after reports indicated iPhone sales during China’s 2023 Singles Day shopping event fell about 4% from last year.  ( 17 min )

iRobot shares soared on a report European regulators will give the go-ahead for Amazon's acquisition of the Roomba vacuum manufacturer.  ( 18 min )

Completing Form 2441, Child and Dependent Care Expenses, isn't difficult. Learn when to use it, how to fill it out, and how to include it when filing your tax return.  ( 29 min )

The tax implications for a foreign investor will depend on whether that person is classified as a resident alien or nonresident alien.  ( 25 min )

This designation is highly relevant as it allows you to help the middle and lower-income population in America.  ( 22 min )

Form 4797 is used to report gains made from the sale or exchange of business property, including but not limited to property used to generate rental income.  ( 24 min )

Nvidia shares slipped on word the chipmaker delayed the launch of a new AI semiconductor designed to comply with new U.S. export rules.  ( 17 min )

Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit is an IRS form for owners and manufacturers of certain new electric motor vehicles.  ( 27 min )

While there are many types of Form 1099, they all serve to report non-employment income to the IRS.  ( 27 min )

Form 1065: U.S. Return of Partnership Income is a tax document issued by the IRS used to declare the profits, losses, deductions, and credits of a business partnership.  ( 25 min )

A currency trader enters a forex hedge to protect an existing or anticipated position from an unwanted move in the foreign currency exchange rates.  ( 24 min )

Nvidia told customers in China that it will delay the launch of its new artificial intelligence chip until 2024 and General Motors will scale back its plans for its Cruise robo-taxi service. Here’s what investors need to know today.  ( 18 min )

Risk measures give investors an idea of the volatility of a fund relative to its benchmark index. Discover more about risk measures here.  ( 21 min )

A gap is an area on a technical chart where an asset's price jumps higher or lower from the previous day’s close.  ( 26 min )

A tax identification number (TIN) is used by the IRS as a tracking number for tax purposes and is required information on all tax returns. It also has other purposes.  ( 26 min )

Shares of Apple Inc. fell about 1% Friday after reports indicated iPhone sales during China’s 2023 Singles Day shopping event fell about 4% from last year.  ( 1 min )

iRobot shares soared on a report European regulators will give the go-ahead for Amazon's acquisition of the Roomba vacuum manufacturer.  ( 1 min )

Nvidia shares slipped on word the chipmaker delayed the launch of a new AI semiconductor designed to comply with new U.S. export rules.  ( 1 min )

U.S. equities were mixed and little changed, with the S&P 500 up 0.06%, on the shortened Black Friday trading session following the Thanksgiving holiday.  ( 1 min )

Stock futures were mixed and bond yields jumped as trading resumed for a shortened day and investors awaited clues about the health of consumers' finances on one of America's largest shopping days.  ( 1 min )

Nvidia told customers in China that it will delay the launch of its new artificial intelligence chip until 2024 and General Motors will scale back its plans for its Cruise robo-taxi service. Here’s what investors need to know today.  ( 1 min )

Het leven wordt volgend jaar weer wat duurder. Zo zijn klanten van ING vanaf maart meer geld kwijt voor hun betaalrekening en schroeft waterbedrijf Vitens begin volgend jaar zijn tarieven op. Dat hebben beide bedrijven vrijdag bekendgemaakt.  ( 9 min )

Het UWV gaat alle boetes terugdraaien die het had uitgedeeld na een scan die controleerde of werklozen in Nederland bleven. De uitkeringsinstantie had daar geen toestemming voor en draait daarom 703 straffen terug. Het UWV gaat deze zaken opnieuw bekijken.  ( 8 min )

De rechtstreekse trein tussen Amsterdam en Londen rijdt volgend jaar zes maanden niet. Dit komt door werkzaamheden op station Amsterdam Centraal. Tussen juni en december 2024 moeten reizigers daarom op zoek naar een alternatief.  ( 9 min )

Werknemers van Amazon hebben op Black Friday in meerdere Europese vestigingen het werk neergelegd. Ze eisen meer loon en betere arbeidsomstandigheden. In Nederland was rond het middaguur in het Amsterdamse Amazon-kantoor een actie aangekondigd.  ( 9 min )

De Dordtse chemiefabriek Chemours staat binnenkort weer tegenover de provincie Zuid-Holland in de rechtbank. Het bedrijf heeft de rechter gevraagd een opgelegde dwangsom op te schorten. De zitting staat gepland op 19 december.  ( 10 min )

Door de verkiezingsuitslag van dinsdag ligt het niet voor de hand dat klimaat een prominent thema wordt voor een toekomstig kabinet. Grote winnaar Geert Wilders wil de Klimaatwet zelfs "door de shredder" halen. Bij milieuorganisaties is de uitslag ingeslagen als een bom.  ( 12 min )

Reclames voor Black Friday vliegen ons al weken om de oren. Je kunt op deze koopjesdag nieuwe producten vaak met flinke kortingen aanschaffen, maar daar hangt wel een prijskaartje aan.  ( 10 min )

Op 24 november is het Black Friday. Eerder was dat één dag waarop winkels hun producten met korting verkochten., maar inmiddels stunten ze wekenlang met aanbiedingen. Laat jij je op Black Friday verleiden tot aankopen? Of let je juist niet op alle kortingen?  ( 9 min )

Sekswerkers kunnen voortaan makkelijker een zakelijke rekening openen. Daarvoor moeten ze wel een uitdraai van hun belasting- of btw-aangifte laten zien.  ( 9 min )

De Finse stroomprijs is vrijdag diep in de min gegaan door een foutje van een beurshandelaar. Daardoor krijgen Finnen 's middags en 's avonds geld toe als ze stroom verbruiken.  ( 8 min )

In Nederland reden begin dit jaar ruim een half miljoen elektrische auto's, waarvan de helft in bezit is van particulieren. Die zijn opvallend vaak mannelijk, tussen de veertig en de zestig jaar en ze hebben veelal een hoog inkomen.  ( 9 min )

Huizenkopers en bouwbedrijven zijn bang dat het overvolle stroomnet steeds meer problemen geeft op de woningmarkt. Recent zijn enkele nieuwbouwprojecten geraakt doordat er geen stroomaansluitingen beschikbaar zijn. Dat zou de komende jaren steeds vaker kunnen gebeuren.  ( 13 min )

A deferred tax asset is a line item on a company's balance sheet that reduces its taxable income.  ( 24 min )

Draw Fibonacci retracement and extension grids to identify hidden support and resistance that may come into play during the life of a trade.  ( 24 min )

Tax season is the period between Jan. 1 and about April 15 of each year when taxpayers get ready to report their taxable income for the previous year.  ( 25 min )

An in the money put option occurs when the current market price of the underlying security is below the strike price of the put option. Learn more here.  ( 27 min )

Form 8880: Credit for Qualified Retirement Savings Contributions is an IRS form used to claim the retirement saver's credit on an individual's taxes.  ( 25 min )

Retirement planning helps determine retirement income goals, risk tolerance, and the actions and decisions necessary to achieve those goals.  ( 35 min )

With Apple in the top spot, these are the biggest companies in the world by market capitalization.  ( 26 min )

Obtaining a financial certificate can land you a long, profitable career at an affordable price.  ( 27 min )

Formerly the leading indicator to price debt instruments, LIBOR was produced once a day by the Intercontinental Exchange (ICE) based on information from global banks.  ( 22 min )

A key aspect of investing is measuring your results. This information in and of itself is meaningful, but it doesn’t tell the whole story.  ( 28 min )

Form 1040EZ was the shortest version of form 1040, designed for taxpayers with basic or simple tax situations. It is not longer used.  ( 25 min )

Get a detailed comparison between life as a stockbroker versus a financial advisor and find out how the two careers differ and may be best for you.  ( 23 min )

Donor-advised funds are exploding in popularity among high-net-worth individuals, but these charitable giving vehicles have been criticized as well.  ( 26 min )

While early withdrawals aren’t recommended, an often-overlooked feature of the Roth IRA lets the account work as an emergency fund.  ( 34 min )

De CO2-uitstoot in ons land is sinds 2010 gedaald ondanks dat de economie de afgelopen jaren groeide. Huishoudens gebruiken steeds minder fossiele brandstoffen zoals gas. En dat is goed voor het klimaat.  ( 9 min )

De Duitse regering houdt zich dit jaar niet aan het schuldenplafond dat het land normaal gesproken heeft. Dit komt doordat de oosterburen een begrotingsprobleem hebben van 60 miljard euro, na een recent besluit van de rechter.  ( 8 min )

De helft van de investeringen van fossiele bedrijven zou tegen 2030 terecht moeten komen bij projecten voor schone energie. Die oproep doet het In­ter­na­ti­o­naal Ener­gie­agent­schap (IEA), dat ook vindt dat energieconcerns "de waarheid" over het klimaat onder ogen moeten zien.  ( 8 min )

Novo Nordisk breidt de productie uit van zijn veelgebruikte diabetesmedicijnen Wegovy en Ozempic. De vraag naar de twee producten is inmiddels zo groot dat het farmabedrijf het bijna niet meer kan bijbenen. Veel mensen zien de middelen als een afslankmiddel.  ( 8 min )

De Nederlandse Loterij, bekend als verkoper van Staatsloten, adverteert niet meer op X. Ook webwinkel bol heeft het socialemediaplatform de rug toegekeerd.  ( 9 min )

De centrale bank in Turkije schroeft de rente in het land opnieuw op om de torenhoge inflatie aan te pakken. De rente werd met 5 procentpunt opgeschroefd tot 40 procent. Het was de zesde verhoging op rij.  ( 8 min )

Door de droogte en slechte oogsten in Zuid-Europa blijven de prijzen van olijfolie stijgen. In Spanje en Italië, waar een groot deel van de olijfolie wordt geproduceerd, stijgen de prijzen het hardst.  ( 8 min )

De Britse regering stelt strengere eisen aan uitkeringen. Werklozen die na anderhalf jaar nog steeds geen baan hebben gevonden, moeten aan de slag.  ( 9 min )

Er worden steeds meer woningen met een groen energielabel verkocht. Bovendien worden huizen met een hoge duurzaamheidsscore voor meer geld gekocht, terwijl minder duurzame huizen juist minder opleveren.  ( 8 min )

Novo Nordisk, het farmaceutische bedrijf achter de populaire afslankmiddelen Wegovy en Ozempic, gaat de productie uitbreiden. De vraag naar de afslankmiddelen is inmiddels zo groot dat het bedrijf het bijna niet meer kan bijbenen.  ( 8 min )

Energieleveranciers Essent en Vattenfall verhogen bij de jaarwisseling variabele prijzen. Dat is de eerste verhoging sinds begin 2023, die grotendeels door extra belastingen en netbeheerkosten komt. Bij Vattenfall belandt de gasprijs boven de huidige grens van het prijsplafond.  ( 11 min )

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Amazon (NASDAQ:AMZN) has created massive wealth for long-term investors. Shares of the big tech company have surged a staggering 5,200% in the past two decades. Despite its market-thumping gains, AMZN stock is down 23% from all-time highs due to economic headwinds. But as inflation is brought under control, there is a chance for interest rates to move lower as well, acting as a tailwind for Amazon. For AMZN to regain its all-time highs, it will have to gain 30%, which isn’t out of reach. I am ex  ( 35 min )

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Buffett probably wouldn't mind celebrating Thanksgiving at McDonald's, as he grabs breakfast there and owns one of the fast-food chain's gold cards.  ( 33 min )

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(Bloomberg) -- A power trader error sent shockwaves through the Finnish market as it mistakenly offered to sell the equivalent of at least half the country’s entire consumption at an hourly auction.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsIsrael-Ham  ( 34 min )

Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, […] The post I Have $500k in an IRA and Will Receive $2,000 Monthly From Social Security. Can I Retire at 67? appeared first on SmartReads by SmartAsset.  ( 35 min )

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How much money can I give to my son and daughter-in-law without incurring a tax issue with the IRS? -Irwin For 2023, you can give your son and daughter-in-law each $17,000 without having to deal with the IRS. But even … Continue reading → The post Ask an Advisor: I Want to Give Money to My Son and Daughter-in-Law. How Much Money Can I Give Away Without ‘Incurring a Tax Issue With the IRS?' appeared first on SmartAsset Blog.  ( 35 min )

I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 35 min )

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The oil and gas industry faces losses of more than $3 trillion (£2.4 trillion) because of net zero, the International Energy Agency (IEA) has warned.  ( 35 min )

The two-year bond yield has been higher than the 10-year bond yield since July 2022. Don't panic.  ( 22 min )

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At least in the short run, the tax agency’s moves frustrate lawmakers’ attempts to raise revenue and plug gaps in tax compliance.  ( 28 min )

Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed. The development is a blow to Russia as it narrows the number of shipping firms that are ready to transport Russian oil to consumers in Asia, Turkey, the Middle East, Africa and South America - although traders said Moscow still had enough shipping firms for now. Greek shippers Minerva Marine, Thenamaris and TMS Tankers have stopped transporting Russia oil in recent weeks, the four traders said.  ( 34 min )

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With companies already positioned for a slowing economy, earnings will still grow in 2024 and send the S&P 500 to a record high, according to the team at Bank of America.  ( 35 min )

The Microsoft founder is predicting a utopian world where "we don’t have to work as hard”.  ( 34 min )

American Airlines has lashed out at U.S. travel agents in a scathing response to the complaint that the airline's robust distribution strategy was unfair.  ( 35 min )

Corporate America is talking less about a recession, a development that is in line with economist forecasts that have revised out the likelihood of recession in the year ahead.  ( 37 min )

(Bloomberg) -- Oil options trading took a sharply bearish turn as the OPEC+ producer group postponed a pivotal output-policy meeting to next week. Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageSam Altman, OpenAI Board Open Talks to Negotiate His Possible  ( 34 min )

The Thanksgiving holiday creates some changes in trading days and hours for both the stock and bond markets heading into the start of the 2024 holiday season.  ( 34 min )

Sam Altman has returned and the company is to expand its board and explore governance changes, but who won and who lost in its new power structure?  ( 30 min )

Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for […] The post Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension appeared first on SmartReads by SmartAsset.  ( 35 min )

Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 35 min )

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While retirement may be associated with leaving the workforce behind, most Americans plan to work past the age of 65. In fact, a 2022 study from the Transamerica Center for Retirement Studies found that around 57% of workers plan to … Continue reading → The post Best Work-from-Home Opportunities for Retirees appeared first on SmartAsset Blog.  ( 36 min )

The New York Stock Exchange and the Nasdaq Stock Market will be closed on Thursday in observance of Thanksgiving, as will the U.S. bond market.  ( 21 min )

Medical Properties Trust (NYSE:MPW), a REIT involved with medical properties, recently reported its Q3-2023 earnings results, which I’ll discuss in detail. In a nutshell, higher interest rates impacted cash available for distributions and will likely continue to do so for a while longer. Nevertheless, the Federal Reserve is broadly expected to start cutting rates in a few months. As a highly indebted company, Medical Properties Trust will be one of the key beneficiaries. I am bullish on the stoc  ( 36 min )

(Bloomberg) -- When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war against Hamas almost seven weeks in, it sees an accounting ledger with billions of debits stacking up.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageMcKinsey and Its Peers Are Facing the Wildes  ( 36 min )

(Bloomberg) -- Argentine President-elect Javier Milei lauded former central bank president Luis Caputo Wednesday, acknowledging he has the expertise to be the next government’s economy minister. Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageDutch Far-Rig  ( 34 min )

BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more than double its assets, as one of the country's leading wealth managers grapples with a deepening property sector crisis. The firm, which has sizable exposure to China's real estate sector, apologised to its investors in a letter that said it had total liabilities of about 420 billion yuan ($58 billion) to 460 billion yuan ($64 billion). The liabilities compared to Zhongzhi's estimated total assets of about 200 billion yuan ($27 billion), according to the letter, which was issued on Wednesday and was seen by Reuters.  ( 34 min )

Bernard Arnault is reshuffling the leadership of his luxury conglomerate.  ( 35 min )

"This is quite positive technically, and I expect that gold has begun its push back to new all-time highs."  ( 34 min )

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A top Citigroup executive asked employees to speak up if they see inappropriate behavior after a managing director sued the company this week, alleging she was sexually harassed by a manager in equities. "No colleague should ever be discriminated against or harassed," Andy Morton, Citigroup's global head of markets, wrote in the memo sent on Tuesday, which referenced a recently filed lawsuit. "We will take decisive action when we determine unacceptable behavior has taken place."  ( 33 min )

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Demand for chips should trickle down to the semiconductor equipment industry.  ( 25 min )

(Reuters) -Bayer held a call with investors on Monday after a raft of bad news led some of them to question whether the German group had been upfront about its prospects ahead of a $5.75 billion bond issuance, three sources familiar with the situation said on Wednesday. The bad news prompted some bond investors to question whether Bayer should sweeten the terms of the deal or outright pull it, one of the sources said. The drug-to-pesticides group priced the investment grade bond on Thursday last week, with the deal closing on Tuesday.  ( 35 min )

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Broadcom finally completed its $69 billion acquisition of VMware following approval by Chinese regulators.  ( 18 min )

Crypto enthusiasts are breathing an audible sigh of relief, saying Binance's $4.3 billion pact with the US government lifts the uncertainty hanging over their industry  ( 38 min )

When a market sector begins to see a pickup in insider buying, that's generally a positive sign, indicating that the sector is considered undervalued and showing signs of improving returns in the future. Insiders may sell stock for any number of reasons, but they almost always buy shares because they believe in the prospects of their company. Recently, insider purchases of real estate investment trusts (REITs) have been on the rise, as company officials sense share prices have stabilized and are  ( 36 min )

Nvidia still has a number of years of growth ahead of itself, according to analysts.  ( 37 min )

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Coinbase stands among the few credible crypto exchanges, even as it faces its own regulatory hurdles.  ( 28 min )

In the ever-evolving landscape of retirement aspirations, Americans find themselves adjusting their financial targets for the golden years. The new magic number is $1.8 million, up from the previous benchmark of $1.7 million, According to the latest 401(k) Participant Study by Charles Schwab. But the study reveals a noteworthy paradox — while this ambitious goal is acknowledged, confidence levels among participants are not as high. Survey respondents said that accumulating $1.8 million in saving  ( 35 min )

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Love Thanksgiving food? Here's which staple dish is the top U.S. export.  ( 33 min )

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(Bloomberg) -- OpenAI reinstated Chief Executive Officer Sam Altman after hundreds of workers threatened to quit over the ChatGPT creator's ouster, highlighting just how much leverage the tech industry's most valued workers hold right now.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnNvidia Fails to Satisfy Lofty Investor Expectati  ( 34 min )

From a dynamic withdrawal strategy to “geographic arbitrage,” there are plenty of strategies to reduce your tax bill in retirement.  ( 22 min )

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While the stock market has been recovering since the pullback last year, market volatility remains high as geopolitical tensions persist. The recent crisis in the Middle East has sparked concerns regarding broader regional instability. The weakening economy has caused investors to cause the November rally to halt, with the Dow Jones Industrial Average index declining marginally intraday on Tuesday. The National Retail Federation expects retail sales to grow at the slowest pace in the last five y  ( 36 min )

Morgan Stanley analysts anticipate that home prices will fall 3% next year as mortgage rates continue to fall, helping to improve the supply constraints.  ( 35 min )

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Paris Hilton's 11:11 Media is pausing an exclusive ad campaign on X following Elon Musk's tweet endorsing an antisemitic conspiracy theory.  ( 33 min )

OPEC+ rescheduled one of the year's biggest oil meetings, sending prices lower ahead of Thanksgiving with uncertainty about additional supply cuts weighing on prices.  ( 36 min )

New Constructs’ David Trainer warns that Nvidia’s stock is “priced for perfection” in a world where the ideal is a rarity at best.  ( 37 min )

Goldman Sachs is predicting good news for an electric vehicle market hit by lagging demand, with falling prices the key factor.  ( 36 min )

Shares of Nvidia slipped in early trading as investors considered the chip maker's blockbuster quarterly results. The shares stood about 3% lower in recent trading, making them among the worst performers on the S&  ( 23 min )

Sam Altman is returning to OpenAI but power at the artificial-intelligence startup is still set to be held by its board. Here's who's left and who's come in.  ( 28 min )

Dave Liniger on what will happen to real-estate commissions after the bombshell antitrust verdict: “I wish I could tell you; I have no idea.”  ( 35 min )

(Bloomberg) -- One of China’s largest shadow banks warned it’s “severely insolvent,” with a debt pile more than two times higher than assets, according to a letter seen by Bloomberg News.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomHulu for $1, Max for $3: Streaming Se  ( 34 min )

Baidu doesn’t face the challenges Alibaba does, making its stock a more attractive bet on China’s technology sector.  ( 25 min )

Deere reports fiscal fourth-quarter earnings of $8.26 a share from equipment sales of about $13.8 billion. Wall Street was looking for profit of $7.46 a share and sales of $13.6 billion.  ( 26 min )

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Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business. China's regulatory approval came through on Tuesday after ongoing tensions with the U.S. around tougher chip export control measures had stoked fears among some investors on the company's ability to close the deal before the Nov. 26 deadline.  ( 34 min )

"Can barely buy an AK-47 with 600 bucks," a Binance compliance staffer told his boss in 2019, per regulators.  ( 35 min )

AT&T director Stephen J. Luczo bought a large block of shares of the media and telecom firm.  ( 21 min )

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Is there any U.S. trading on Thursday? No. The New York Stock Exchange, Nasdaq Stock Market and U.S. bond markets will be closed for the Thanksgiving holiday. What about Black Friday? The NYSE and Nasdaq will close early, at 1 p.m. ET, on the Friday after Thanksgiving. Bond markets will a  ( 23 min )

Good news for American drivers ahead of Thanksgiving: Gasoline prices are down almost 10% from a year ago, according to AAA. Will they keep falling? That depends, in part, on how OPEC+ responds to the recent drop  ( 23 min )

(Bloomberg) -- US mortgage rates dropped sharply, capping the biggest four-week slide in nearly a year and spurring a fresh round of applications to purchase homes.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnSam Altman Returns as OpenAI CEO in Chaotic Win for MicrosoftBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomMcKinsey and Its Peers Are Facing the Wildest Headwinds in  ( 33 min )

Analysts praised the earnings but voiced concerns over lost sales to China following U.S. restrictions on chip exports.  ( 23 min )

Deere reports fiscal fourth-quarter earnings of $8.26 a share from equipment sales of about $13.8 billion. Wall Street was looking for profit of $7.46 a share and sales of $13.6 billion.  ( 26 min )

The company said it had not found “a viable alternative” to closing down in the months since it hit a clinical setback and laid off staff.  ( 34 min )

Suppose you have $1 million in a Roth IRA and will receive $2,250 each month from Social Security when you become eligible for benefits. Would this be enough to allow you to retire at age 62? The answer to that question could be yes, but there’s a chance it may require you to live on […] The post I Have $1 Million in a Roth IRA and Will Receive $2,250 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 36 min )

"I feel good but fully realize I am playing in extra innings," Buffett wrote.  ( 36 min )

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The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year's presidential election and recession fears as likely to start weighing on markets. Since late October, the S&P 500 has rallied roughly 10% and the Nasdaq has surged 13%, as investors increased bets that the Federal Reserve's tightening cycle is over after signs of cooling inflation and job growth and a better-than-expected third-quarter earnings season. Ten-year Treasury yields hit a 16-year high of 5.021% in late October, but have fallen back to 4.414%.  ( 36 min )

Historically, the S&P 500 tends to end Thanksgiving week in the green, and the bullish seasonals don't end there.  ( 36 min )

A one-size-fits-all policy may not only lead to legal repercussions but also overlook the diverse needs of a modern workforce.  ( 39 min )

Nvidia forecast overall revenue above Wall Street targets, but its shares fell 1% in premarket trading after the company said U.S. export curbs could lead to a steep drop in fourth-quarter sales in China. "A very high bar has been set for Nvidia and because of concerns about trade tensions, there is some element of worry creeping back," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Big Tech stocks led a rebound in U.S. equities in November, with the S&P 500 coming within a whisker of its highest level this year, as signs of easing inflation boosted bets that the Fed was done with its interest rate hikes.  ( 34 min )

Enviva made a wager to buy pellets from a customer and resell them, but then prices fell.  ( 28 min )

An OPEC technical panel invited a top financial market dealer to give a presentation this week which painted a bearish outlook for the oil market, according to a presentation seen by Reuters. "Market sentiment had been fragmented for much of this year, but the evidence is that there has been a recent shift in collective sentiment to bearish as we head towards the end of the calendar year," one of the presentation slides by Onyx Capital Group showed.  ( 33 min )